No general-purpose technology that transforms the world ever progresses without a financial bubble; bubbles are a necessary condition for such technologies to scale and reshape the world.
causalpending
Speaker
Victor SchvitzEvidence Quote
“You need a bubble for them to progress forward and to transform the world. So financialization in various forms or financial crisises in various forms are present.”
Created: 6/18/2026, 1:57:46 PM
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