diagnosis
Calvinist double predestination turns hard work, wealth accumulation, and non-consumption into evidence that God favors a person.
Topic brief
A Jiang Lens evidence brief for this topic, built from source tags, transcript matches, and linked source refs.
Investment
If capital grows faster than real production, rational investors put money into real estate or the stock market instead of factories because the return is higher.
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Key Notes
model
If capital grows faster than real production, rational investors put money into real estate or the stock market instead of factories because the return is higher.
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Timestamped Evidence
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"Because the Catholic Church says, you know what? Only we can decide who goes to heaven, so if you disobey us, you'll burn in..."
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"Okay? So you can only invest the money. All right, and as you can understand, the merchant oligarchies love this because now they're taking..."
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"Real economy, grows at, 2%. Alright? If things stay stable, over time, this will happen, to all societies. Capital, will grow faster, than the..."
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"...so on. You know, we're seeing a dramatic dialing down of investment in things like golf. The live golf investment is ending and so..."
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"...dollar, it loses its electricity, it loses millions of dollars in investment. And we could see a financial crisis in America over the next..."
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"...that means that they would have to be selling off their investments instead they go okay we have all this wealth but we need..."
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"...to get oil from Iran, and we have to protect our investments in infrastructure in the GCC as well as Iran. Um, this is..."
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"...infrastructure. But ExxonMobil refused to make the billions of dollars of investment necessary in order to develop the infrastructure. OK, so they subcontracted to..."
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"...access to this secrets. That tells them how to make better investments and how to have more political power. Also, secret societies enable them..."
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"...go to Israel. Why? Because Israel provides the best short -term investment opportunities if you're a trillionaire. Okay? But you're right in that other..."
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"...conquered the British Empire, is now seeking new opportunities for its investments, okay? So, where it goes next is, of course, America."
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"...you cannot engage in risky lending. Okay? If you are an investment bank, okay, if you're a retail bank, you cannot engage in risky..."
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Relevant Lectures And Readings
Reading
The Bronze Age Collapse is not treated as a freak disaster.
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