The difference between deindustrialized Detroit (now one of the poorest US cities) and deindustrialized Melbourne (now rivaling Sydney in wealth) is not race but policy: Australia introduced compulsory superannuation, single-payer Medicare with private options, government-funded forgivable education and TAFE vocational training—so caring for pensions, health, education and trades keeps people less angry and avoids polarization.

causalpending

Speaker

Victor Schvitz

Evidence Quote

Australia made certain right decisions... they've they've done certain things. Number one they introduce superenuation

Source

Viktor Shvets The Twilight before the stormLoM
Created: 6/18/2026, 1:57:46 PM

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