Incorruptible Organizations AMA with Eric Ries. Wednesday 2/4 at 3:00 PM CT
Lean Startup author who now focuses on legal structures to protect mission-driven organizations from corruption. incorruptible.co
Free book giveaway! Register here.
https://www.youtube.com/watch?v=QNfb54LuzwI
Wednesday 2/4 at 3:00 PM CT
Lean Startup author who now focuses on legal structures to protect mission-driven organizations from corruption. incorruptible.co
Free book giveaway! Register here.
Leave the country or stay? There was a time period where my friends and I were getting invited to these new exciting community projects in the Central America and Asia and Europe. Crypto millionaires and retired billionaires trying to bootstrap whole new civilizations and villages and large retreat centers.
Yet, all of us felt a certain affinity and even responsibility to stay in the States.
Which is a little strange considering probably all of our families also have immigrated here at some point.
How does one assess whether to establish a new home abroad and call it quits on the homeland? Or stick it out and try to make it work?
It reminds me of the dilemma that's often posed around do you try to reform an institute as a player within or do you go off and establish a brand new thing? Does staying in the current system doomed to be corrupted and compromised? Or is going off naive and doomed to failure as a retreat from life?
As I'm writing this, I could see the same dilemma in deciding whether to stay working for a corp or start your own business. Or stay in a currently challenging relationship or call it quits to find a new partner. Or even try to be a lay person in the world or go off to be a monk in the mountains.
I suppose the answer is ultimately context is what matters most.
And I've yet to see a really compelling abroad experiment that seemed actually integrated or likely to deliver on the promises.
I, myself, have been increasingly interested in building out more of the physical and social infrastructure locally to create the new type of village community in AVL. But, those billionaire communities or even rural Portugal tiny communities do tempt me at times.
China's Economic Slowdown: Challenges, Debt, and an Uncertain Future. This excellent video explores China's economic challenges, particularly its slowing growth, increasing debt, and the risks associated with these trends. Despite expectations that China would become the world's dominant superpower due to its rapid economic rise, issues such as economic mismanagement, deflation, and high debt levels are creating significant problems. The country's debt crisis, fueled by heavy borrowing for infrastructure and real estate projects, is especially concerning, as it's tied to unsustainable growth expectations.
The housing market in China, reliant on speculative investment and inflated property prices, is a key driver of the country's economic issues. Additionally, China is facing increased internal unrest, particularly among younger workers, and a significant reliance on state-owned companies that have been over-leveraged.
While these problems are concerning, experts argue that an outright collapse of China's economy is unlikely due to its financial safeguards and global influence. However, China’s rise to dominance may have plateaued, and its future remains uncertain. The country's economic future will have significant implications for the global economy, but it's unclear whether it will stabilise, stagnate, or eventually surpass the U.S. economically.
Despite the severity of China's economic challenges, many experts believe that a total collapse is improbable. Rather, China's economic slowdown will likely lead to a period of stagnation and reform, with possible long-term adjustments to its economic structure. However, it's clear that the expectations surrounding China's dominance have not materialised, and its future is now filled with uncertainty.
IP is a boomer concept in the age of abundance. This is a hot take that really has me thinking.
I generally feel negatively toward Kyle for a myriad of reasons, but this is a really interesting proposal.
I’m still noodling on it. Thought I’d share so others can join me in the noodling.