It became too unbalanced.
…
“I always like to have a glimmer of hopefulness, even in collapse.”
Gord Downie
…
AI Created: Artificial Intelligence talking about Usury.
Me: Eventually usury evolves into a social security collapse.
ChatGPT (jan23):
Usury, if left unchecked, has the potential to evolve into a social security collapse. This is because high-interest loans can lead to a culture of debt and financial insecurity, which can put pressure on individuals and families to prioritize repaying loans over other expenses such as healthcare, education, and retirement savings. This can lead to a decline in the overall well-being and security of society, especially for those with low-income or marginalized communities who may have less access to credit or social safety nets.
Furthermore, usury can lead to a concentration of wealth and power in the hands of a few individuals and institutions, which can undermine the stability and security of society. This can result in a lack of access to credit for marginalized groups and low-income individuals, which can perpetuate poverty and economic inequality.
Additionally, usury can also lead to a decline in economic growth, as businesses and individuals may be less likely to invest in new projects and ideas if they believe that the returns will not be sufficient to repay the loan. This can lead to a lack of opportunities for economic development, which can further undermine social security.
It is important to note that, these are potential consequences of usury and are not definitive. The relationship between usury and social security is complex and multifaceted, and more research is needed to establish a clear link.
Buy the AI a drink (in holofuel)
Extra:
Social security systems around the world are facing a crisis due to increasing life expectancies, shrinking birth rates, and changing economic conditions. In many countries, the number of people receiving benefits exceeds the number of working people paying into the system, leading to a deficit in funds. This can lead to a collapse in the system, resulting in reduced benefits or no benefits at all for those who have come to rely on them. In order to prevent this collapse, governments must take action to reform the system and make it sustainable for the long-term. This includes increasing the retirement age, increasing contributions from employers and employees, and re-evaluating the current benefits structure. (oa)
Wikipedia:
Affiliate:
Books:
- Debt: The First 5,000 Years by David Graeber (2011)
- The End of Alchemy: Money, Banking, and the Future of the Global Economy by Mervyn King (2016)
- The Divide: American Injustice in the Age of the Wealth Gap by Matt Taibbi (2014)
- The Shock Doctrine: The Rise of Disaster Capitalism by Naomi Klein (2007)
- Capital in the Twenty-First Century by Thomas Piketty (2013)
Documentaries:
- The Ascent of Money (2008)
- Inside Job (2010)
- The True Cost (2015)
- The Corporation (2003)
- Betting on Zero (2016)
Movies:
- The Big Short (2015)
- Margin Call (2011)
- Too Big to Fail (2011)
- The Company Men (2010)
- The Wolf of Wall Street (2013)
Series:
- Dirty Money (2018-2020)
- The Crown (2016-)
- Narcos (2015-2017)
- Billions (2016-)
- Ozark (2017-)
Songs:
- “The Ghost of Tom Joad” by Bruce Springsteen
- “Money” by Pink Floyd
- “The Times They Are A-Changin’” by Bob Dylan
- “It’s a Hard Rain’s A-Gonna Fall” by Bob Dylan
- “Fortunate Son” by Creedence Clearwater Revival
Artworks:
- “The Money Series” by Andy Warhol
- “The Physical Impossibility of Death in the Mind of Someone Living” by Damien Hirst
- “Target with Plaster Casts” by Jasper Johns
- “The Treachery of Images” by René Magritte
- “Untitled (Your Body is a Battleground)” by Barbara Kruger
Podcasts:
- Planet Money by NPR
- The Weeds by Vox
- Freakonomics Radio by Stephen Dubner
- The Inquiry by BBC World Service
- The Guardian’s Audio Long Reads
Purpose: to create usury-awareness
Would you agree…
#Usury #UsuryC #UC098 #UC099 #UC100
Usury 
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