“What is truth? For the multitude, that which it continually reads and hears.”Oswald Spengler, The Decline of the West
Trend following is generally a waste of time, but if you’re lucky you might find something that makes you think. Not all minds that wander are lost. On this note, a topic I’ve delved into lately has been Chinese innovation and the supposed decline of America.
From Themistocles and Xerxes, or Obama and Trump, we’ve witnessed this question arise when a new paradigm has emerged. In the modern wake of the trade war, the current shape of the question is America versus China. Rephrased, it’s really asking what shapes countries over the long run – democracy and property rights or a no holds barren autocracy.Read More