Finally put thought to paper on defending finance. The essence is finance is powerful — we should do our best to ensure all involved in the system use that power well.
https://t.co/42f1tDmt1h
@profgalloway Isn't the baltic dry a better index for this? Rather than the la/shanghai line it's blended real charter rates globally (therein not impacted by the trucker shortage at la/long beach)
Oregon economic release out as of yday -- state tax revenue up 70% y/o/y, driven in large part by realized cap gains from covid asset boon. Happens with income tax states. And yeah, mascot of the OOEA *is* a sasquatch
@sdamico@Noahpinion Eh the BDI’s been down ~50% since the start of month so supply chain crisis, at least shipping side, has abated/is abating
Think trucker last mile was the real issue though, no clue if that’s still problematic
@SophiaCowles isn’t it like a future on an option? where the option to provide power is the underlying, so the lse’s are just buying a deliverable of their mandate five years out (to have the capacity, not the obligation, to provide power)
While I think Rick and Morty has taken over artistic leadership of the genre of adult satire cartoons, South Park I think has cemented its position as the boldest show and only indexical perspective for the era.
Ie it offers the only successful viewpoint on the weirding