The Belgorod Brit discourses on oligarch shenanigans. In the film, he puzzles over the apparent economic illiteracy of the people that own the West. It seems like they are busy slaughtering the goose that lays the golden egg. Mr. Bezos doesn't appear to realise that by impoverishing his workforce and paying the bare minimum of taxes, he is destroying the economy from which he makes his money. Meanwhile, Putin appears unwilling to acknowledge the stupidity of Western businessmen and their pet politicians. He stubbornly clings to the idea that rational self-interest will win out in the end - at some point, the West will come to its senses and remove the baby before throwing out the bathwater.

In the podcast, BB bemoans the collapsed standards of the oligarchy. Back in the day, businessmen understood the connection between statecraft, governance, and the market. Every time investors were carried away with bubble fever, the government would enact regulations which would protect the market and the welfare of the people upon whom the system relied. Now that the government is in the pocket of the oligarchs, there are no regulations, no protections, and no governance. The AI bubble may well be the crisis that finishes the Western financial model, once and for all. The problem is that it may well cause a catastrophe large enough to bring on the four horsemen of the apocalypse.

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