Balaji Srinivasan

They were under communism.

They're under socialism.

You know, that's Eastern Europe, Russia, India, China, Southeast Asia, Vietnam and so on.

Vietnam War.

Right.

All these all these places that had a terrible 20th century.

Actually, including big chunks of Latin America, which were, you know, a place like El Salvador and so on that had drugs, inflation, crime.

Right.

They developed civilizational antibodies to communism, socialism, imperialism.

inflation, drugs, right?

And thus arose, for example, you know, the basically capitalist regimes in, or regimes, governments, what have you, in Eastern Europe, in India, right?

That reversed decades of decline.

And similarly, you know, Bichelli or Millais or now Hernando de Soto in Latin America, that's three, you know, three is a trend, right?

Three basically capitalist leaders who are against what, you know, basically tore down Latin America last century, right, for the most part.

So but on the other side of things, you had Western Europe and the US and Canada that have been so prosperous for so long that they ended up thinking prosperity was their birthright and essentially degenerated.

Yes.

So now here's the good news.

The good news is.

I do think that unfortunately, America is over, but the Internet is just beginning.

Yeah, but let me go back to the previous, yeah.