The Market is not actually a system of real time signals indicating what a society values, if is more like an airplane made out of spit and bailing wire that the fifty richest men in the world are desperately trying to hold together.
Or as it was explained to me, capital investment is largely about confidence and narrative and now no one at the wheel wants to hear a normal narrative they want insane confidence and wizard magic cause that’s more fun to think about
The aristocratic rot is settled in and the sober, self-interested managers of world finance and long term invests just a series of cursed king carloses
stock markets are basically global confidence in trading trust. Trump is now shredding all trading trust because AMERICA FIRST. We are now heading to the Cool Zone.
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