It’s not only tech.Valero just paid $1B to get out of California.US Oil & Gas Association (@US_OGA):Everything in this post is correct. 👇👇👇👇👇👇 ...

Democrats will eventually destroy the entire Californian economy, just like Communists destroyed the Russian economy.It works like this:(1) Build a one-party state(2) Rob or exile the capitalists 👈 we are here(3) Repeat with kulaks(4) Then, get to the podkulaks (https://t.co/6TUjgVOXhx)(5) Finally, go after fellow party membersThe main difference versus Russia is that the collapse of the California economy will followed by de facto Chinese occupation, welcomed by men like Newsom.Very similar to what happene ...

Many parallels between late Rome and America.Rome was an enormous egalitarian capitalist empire. Starting from an organic tribe, it expanded to conquer huge swaths of territory and assimilate countless foreign tribes under its system of laws.Then it gradually lost the distinction between the core and the periphery, by expanding the definition of citizenship (eg Constitutio Antoniniana in 212) and thus diluting it. Mass immigration to the imperial capital meant the Romans become confused about what Rome even ...

True, but they just delayed the inevitable.The debasement was underway.Then hard men reintroduced hard money.The siliqua and the solidus.But that actually caused a shock.Rome was used to inflation via taxation.Now they had to raise real taxes.So the burden of empire became visible.And Rome still went to zero in 476 AD.Ben Landau-Taylor (@benlandautaylor):I hadn’t appreciated how close the Crisis of the Third Century came to ending the whole thing for good. It was on the path of a standard late imperial crac ...

Also, Bezos is out of Washington state.Nearly half the businesses may follow him.The Olympian (@theolympian):Nearly half of WA business leaders are considering leaving the state, AWB says https://t.co/zCHBsahdVN ...

Yes, blues are ready to devour Democrat millionaires.The pie is shrinking, so blues will eat anyone. That’s been the lesson of the past decade. Ossoff even went after Soros in a speech!I mean, during the Red Terror, the dumb communists thought Stalin would spare them. The dumb Democrats probably think they’ll be spared during the Blue Seizure too.They won’t be.Arun (@isenditbacc):@balajis Not so sure about that. Many influential democrat politicians who are millionaires. Will they really put holes in their ...

By the way, it’s obvious that the 2026 billionaire wealth seizure will be followed by a millionaire wealth seizure.Why?Because the same California Democrats who are trying to expropriate 200 “billionaires” proposed a wealth tax on 30,000 millionaires back in 2020.That didn’t work, so they decided to stage the attack. First, get the billionaires to get out or get robbed. Then, once that leadership class is removed, go after the millionaires.Of course, that predictable seizure only works on those who remain p ...

Zuck outPage outBrin outThiel outElon outThe most successful tech founders of all time have now exited the failed state of California.You shouldn’t move there for tech. And if you are there, you should leave. The future is the decentralized Internet.The Wall Street Journal (@WSJ):Exclusive: Billionaire Meta CEO Mark Zuckerberg and his wife, Priscilla Chan, are purchasing a newly completed waterfront mansion on Miami’s Indian Creek, becoming the latest California billionaires to buy a home in South Florida. ...

GDP actually understates it.In GDP-PPP terms: China is already #1, India is #3, and Russia is #4.Balaji (@balajis):@Teawisher If they're so weak, then how did Russia (with help from China) fight all of NATO to a standstill in Ukraine?The alternative view is this: the World Bank reported that Russia flipped Japan in 2023 to become the fourth largest global economy in GDP PPP terms.[1]: https://t.co/n1OkW9ObzP ...

China, India, and Russia have risen to #2, #5, and #9 in GDP. https://t.co/bbhot7H4bl ...