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@BowTiedBull There are a few attempts at writing this book. “Family fortunes” by will bonner is a 20th century attempt at this but somewhat unsatisfactory in the era of the sovereign individual
@contrarian8888 The replies to this tweet (focused on corporate governance [as if this wasn’t a problem when ChinaTech was booming], Chinese being cheats[irrelevant], omicron[ a positive for tech])convinces me even more that you are right…whether we like it or not markets climb a wall of worry
@Crypto_Crier this is very interesting, thanks. i wonder how to adjust your numbers for the relatively higher IL on the SD farms, vs the limited IL risk for the highly correlated JEW/xJEW farms on CV. do you have any thoughts on that?
@economics@tghilarducci@bopinion 1. There is no inflation. 2. Ok, there is Inflation but it’s transitory. 3. Ok inflation is persistent but Inflation is good. 4. Inflation is bad but you can fight it by eating lentils and euthanazing your dog. ….I’m looking forward to the next steps…
@contrarian8888 Congratulations. state council pledge as signal is a big deal, ppl assumed govt didn’t give a fk about mkt this has all changed. pledge should contain the contagion. Whether the government can normalise the economy is ambiguous but I think the market is protected in shortterm