Intellectual Adventurer...just posts whatever ๐คท๐ปโโ๏ธ Ideas still percolating and views adjusting with additional insight ๐ค Humanity and harmony first ๐
Lighthearted reflections of markets to date in 2021:
1. Wild intraday gyrations (that once would have been impressive as monthly gains) are now normalized.
2. Heightened emotions, to say the least (ref. WSB and Twitter).
3. Retail investors using options like lottery tickets.
@kirawontmiss Itโs cos most third graders canโt grasp the concept of infinity so they dumb it down till the kids are mature enough for complex ideas at a later stage. I remember this as well
@janekm@wmhuo168 Curious where does blockchain instant settlement technology sit with either of these systems, or is that a way to change leadership between them if not already incorporated. And does this have anything to do with the Euro CBDC announcement?
@dmartkc@davidsacks47 Donโt they have blind trusts available for this sort of thing? At least to maintain a facade of propriety when assuming public office ๐คฆ๐ปโโ๏ธ
@Jesse_Brenneman As laudable as it is to reduce debt and cut slack, it is essentially a closed system and itโs be great if DOGE also put together a plan for how to redeploy the mass of displaced federal workers to grow the economy ๐ค
@Geiger_Capital Plus inflation, disruption to small businesses and industries that utilized migrant labor, housing that rented to migrant labor or economic sectors catering to them eg agriculture, construction, logistics
@dampedspring Long convertible bond short stock might be difficult to implement if stock price is rising whereas conversion is at a set date far off in future(?)
@PauloMacro Why couldnโt he have just declared an intention not to rerun, so they could have switch him out ages ago, and more smoothly, and he would gracefully bowed out on a high. A replacement would have been better planned. Everyone would have understood a decision not to rerun no?
@josephwang Thought it was cuz a) borrowing connotes discipline via imposing a cost of capital and b) to thereby instill confidence for the greenback and outstanding debt ๐ค