I don’t think so. He’s stating the information he is uncovering is turning out to be proof for his thesis so far. It’s not as if, it’s a status update on the trend of the data to this point. He clearly states he will post the data when finished, and does not provide any investment directions at this time. If it looks like cheerleading it’s because so far it looks like he’s right. Nothing wrong with giving a status on a thesis.
@griftersdeport@michaeljburry No it isn’t. What it means is - so far the more he uncovers the more he is realizing his idea is likely correct. He doesn’t think his thesis will be wrong, and will share the information he uncovers as well as how to position.
@EricLDaugh There is no point negotiating. Wipe out these fanatic, evil regimes and give the country back to its people. The regime will never change, don’t think it will.
@michaeljburry Bc no one is carefully planning on how to manage it so people don’t get hurt during the transition due to massive job loss, economic shockwaves, market instability, cyber issues, logistic issues etc.
@michaelshermer The grandfather paradox has been debunked several times. It actually creates paradoxes just for it to work in the first place and violates the same 2nd law of TD you referenced
You have to make money thought to justify it. The spending is already well above where it should be based on how much has been made to date. It can’t just keep going without a profit and will need to correct and slow down until that happens. While they are at it, I’m hopeful leaders are pro active on how to take care of people when enough get laid off the economy collapses. It’s certainly a possibility so it needs a plan.