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Views : 24,273
Genre: News & Politics
Date of upload: May 16, 2024 ^^
Rating : 4.822 (33/708 LTDR)
95.55% of the users lieked the video!!
4.45% of the users dislieked the video!!
User score: 93.33- Overwhelmingly Positive
RYD date created : 2024-07-11T01:37:07.14019Z
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Top Comments of this video!! :3
Comments are mostly wrong.
It's not exponential. That's mathematically incorrect.
It's not just compounding. That only applies to monetary value.
(And the explanation woman is right - but utterly pointless...)
Early days, literal growth in value WAS from real world innovation, discoveries, exploitation across finance, globalisation, industrial processes, research...& Population growth.
NOW we have an insane desire aka need to believe that growth in value can be 'forever'. The corporations, the investors, the economists... Everyone is pulling in the same direction. The real world growth has been hijacked by a crazy Ponzi-like mutual delusion.
Until one day something happens to burst that bubble.
TLDR? A crash is coming. It's inevitable. The only question is when & how big.
The biggest problem in this century is how so many goods & services are simply not necessary for survival, effectively mostly luxury toys.
And the globalisation which fuelled capitalist greed is running out of steam as the cheap countries now have their own aspirations.
Essentially the old industrial countries gave away their production capacity and now can't compete on cost - or even quality now.
The future will be grim, no matter how you try to wish it away with fancy graphs & attention-deficit video explainers.
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@thomascowart3
1 month ago
So basically they just explained how exponential functions work for people that don’t know what exponential function are?
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