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RE: LeoThread 2025-08-22 08:58

in LeoFinance2 months ago

equity loans or lines of credit. So I'm curious how if you guys are familiar with that, their work at all. I think it does make sense. I didn't read the paper, but I read something similar. It does make sense. I mean this is actually how socialist countries work. I think Paolo is more suited to talk about this, but you look at Italy or extreme example, Venezuela. I think Paolo, you probably know Venezuela. I think they're having declining population, but they're highly inflationary environment obviously. So the same thing is probably going to happen with Europe at some point, I would think. But Paolo, you know more about Venezuela than I do. Yeah, I'm also not familiar with the paper and have not read the book. The thing I would kind of keep in mind in all of this, it's very easy to get depressed at the outlook for various of these trends because there just doesn't seem to be any sort of political appetite to really address the key sources of a lot of these imbalances and problems. (50/57)