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• Post #115734

  I know this is a rough metaphor, but I doubt the tycoons shaping the future would be any gentler in practice. In the United States, after the post-war rise, the trend shows a long, gradual decline. This is followed by a sharp rebound around the early 2000s, and then another drop. As horses disappeared from productive labor, they briefly found a second life as leisure and entertainment. That phase, however, did not last very long either. The picture is even worse in China, where the decline h...