2 ms·

The premise that market expectations about growth are unsustainable does not equate to wishing for catastrophe. Upon successfully mitigating a forest fire, the

• JumpCrisscross 3y ago
  > premise that market expectations about growth are unsustainable Fair enough. Rising rates make a stable state more viable. In a very real sense, that's what rates are: patience in terms of money. We're conditioned to thinking of all markets like tech, but most businesses happily chug along growing alongside the economy while spitting out wages and profits. Amidst all of that, the carbon and material intensity of advanced economies keeps falling, alongside their birth rates. Fundamentally, I don't see what's forcing unsustainaibilty to the point of necessitating collapse.