2 ms·
People really want magical realism to be true right now more than ever due to conditions (their inelastic needs) caused by the pandemic and decades of inequalit
by failwhaleshark 6y ago
People really want magical realism to be true right now more than ever due to conditions (their inelastic needs) caused by the pandemic and decades of inequality.
"When there are no doubters..." that's when to worry about irrational exuberance.
"Burst of euphoria" should be called "last orgasm over-expanding productive capacity."
The economy is walking on air over a cliff like Wile E. Coyote structurally due to the reasons Grantham outlines. Big fail impending.