Raoul Pal: We Are All DEBT Slaves
Real Vision: Finance & Investing
Economic Rules Revolution
The speaker predicts a complete overhaul of economic rules that have been followed for thousands of years, driven by factors like debt, demographics, and deflation. The impending change, possibly by 2030, will be shaped by advancements in artificial intelligence. The speaker suggests that resource constraints can be overcome with the help of artificial general intelligence (AGI) leading to rapid problem-solving and transformation in various sectors like supply chains and electricity generation.
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