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I'm a broken record, but I think the common calculations used to value financial assets look ugly when the extraction rate declines and blow up as it approaches
by Gibbon1 2y ago
I'm a broken record, but I think the common calculations used to value financial assets look ugly when the extraction rate declines and blow up as it approaches zero.
That's why policy makers don't want to build more housing. And why passive investors are freaking out about the coming labor market where workers have better leverage.