It’s so important to have reliable public infrastructure in major economic hubs.
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Some things I’ve learnt about living in larger metropolitans around the world.
•Live as close to work as possible- saves time + costs
•Car pool with people going to the same area as you.
•Travel less often+ buy what you need the first time.
I understand that many of these things aren’t even viable when living in old outdated spatial cities designs
Think of SA,
where those in rural areas must commute for hours just to get to a job that underpays them.
I have major respect for people catching multiple taxis a day just to get to their place of employment, i honestly don’t know how you do it
At some point it’s not going to be economically viable for people to go into work anymore because their costs exceed their income potential
South African companies + government need to start addressing the challenges of ordinary South Africans more.
A complete reshaping of everything is needed.
Such as:
• Building manufacturing hubs closer to townships
• skills development
• Creating new cities
• supporting businesses with capital
• Tax incentives for investment
• holding politicians accountable
• Working less days in the office
• Reducing work hours
• Shorter work weeks
• Dealing with Income disparity
• Education
• Job creation
• Health benefits
Everything is a mess,
you can’t be a sovereign nation and be effected by global economics.
You then allow others to dictate your outcomes and control your prosperity.
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With all this chaos and turmoil, it’s still 10% down Year to Date.
Only once #Bitcoin decouples from Traditional Finance , that is when the party will start.
Only keep nibbling in dips, now wouldn’t be the time to go all in.
With that being said,
We’ve seen the power of decentralized and permission-less systems
Ask any Russian who bought Bitcoin before their currency started imploding-they’ve effectively protected their energy by buying BTC, and are able to move it across borders upon their exit
Their is a battle between major power elites taking place.
There are many things we don’t understand.
•SWIFT systems
•euro dollar shadow banking system, •leverage
•liquidity
•dollar reserve status
We don’t know what challenging the existing status quo will be like