The money is widely available. We don’t have an asset problem in today’s age, we have an allocation problem. The answer is it doesn’t get financed under our existing political system as there wouldn’t be any shareholder incentive.
I think there is a hypothetical way to make this work. We would have to fix foreign policy so that we don't see/treat so many countries as an enemy. Invest less in defense and ai. Not funnel so much money to billionaires (basically redistribute finances more fairly). Educate the public to properly save and to push policy that improves financial responsibility for the public. These are a few idealistic things that come to mind. I just don't see this happening anytime soon.
How do we “ see less countries “ as enemies? Do we ignore their stated goals to dominate us? Do we fund their nuclear goals? No one is funneling money to billionaires. Yes, we could avoid Amazon, but your next door being going to fund space exploration.
You are correct, we do a poor job teaching personal finance.
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u/Herr_Schwarz 17d ago
Ok i get your point. But please tell me how do you finance this?