@NathanpmYoung@HugoGye@theipaper@BMGResearch VAT is currently less than 20% for many goods and services, shall we change all of them to 20%?
That would be good, too many people can afford them now, and it's not great. Better to keep some things only accessible to the super rich.
Me: Why aren't you long stocks?
Permabear: Bc the Fed is manipulating the market
Me: Which way is it manipulating the market?
Permabear: Higher
Me: So why aren't you long stocks?
Permabear: Because the Fed
Me: π€¦ββοΈ