[ExI] Time magazine cover story on the singularity
Darren Greer
darren.greer3 at gmail.com
Fri Feb 18 23:27:36 UTC 2011
> cheerfully take on a crushing debt.<
Being a visionary, as always, I'm way ahead of you.
d.
2011/2/18 John Clark <jonkc at bellsouth.net>
> On Feb 18, 2011, at 12:33 PM, Darren Greer wrote:
>
> how you would make money off the singularity I don't know.
>
>
> I know how to make money off the singularity, sell everything you own and
> borrow every nickel you can and then use the money to short bonds. But you
> will have to wait until we get to the point where even Mr. Joe Average
> expects the singularity to happen in his lifetime. When that happens we can
> expect a HUGE increase in interest rates, because after the singularity one
> of 2 things is certain to happen:
>
> 1) Paying off that huge debt will be easy with Mr. Joe Average being the
> master of Nanotechnology.
>
> 2) The singularity will kill Mr. Joe Average.
>
> Either way money in the future will be worth far less than money in the
> present to Mr. Joe Average, so the logical thing to do is cheerfully take on
> a crushing debt.
>
> John K Clark
>
>
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--
*There is no history, only biography.*
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*-Ralph Waldo Emerson
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