10 Monday AM Reads - The Big Picture
Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media
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Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media
"You're just like, well, I'm in the Ponzi business and it's pretty good."
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
There are a lot of ludicrously terrible government laws, regulations and policies across all the domains of life. My Covid posts have covered quite a lot of them. Yet if I had to pick one policy that was the Platonic ideal of stupid, the thing that has almost zero upside and also has the best ratio of 'amount of damage this is doing to America’ versus ‘reasons why we can’t stop being idiots about this’ there is (so far) a clear winner.
An old bust, nervous investors and the fight against climate change