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Tom Bilyeu's Impact Theory cover image

​​The Backwards Law: Stop Chasing Happiness. Become Anti-fragile Instead | Gad Saad PT 2

Tom Bilyeu's Impact Theory

NOTE

Inequality, Violence, Government Spending, and the Debt Cycle

Inequality measured by Gini coefficient is linked to the likelihood of violence in a society. Paying taxes for social good is more important than letting people suffer, but the key concern is not getting good results for tax money. The government's lack of clear goals and measurement for social good and vague spending contribute to hidden problems and inefficiency. The debt cycle, as described by Ray Dalio, follows a predictable pattern of stages including war, debt accumulation, disparity, and revolution. The US is currently in a stage close to civil war, according to Ray Dalio, who has a proven track record in predicting global trends.

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