Sunday, August 23, 2020

When people follow the lead of others and base their decisions on what other people do?

 When people follow the lead of others and base their decisions on what other people do?


In times of severe crisis.

Saturday, August 22, 2020

What is predictable, and what is entirely predictable?

 What is predictable, and what is entirely predictable?


A bubble and the bursting of the bubble.

Friday, August 21, 2020

Why interest rates are not set by the market?

 Why interest rates are not set by the market? 


Because economic activity is fueled by subpar debt.

When a problem has no solution?

 When a problem has no solution?


When is managed by a central bank.

Thursday, August 20, 2020

Why they dislike the choice in front?

 Why they dislike the choice in front?


Because cynicism has run amok.

Wednesday, August 19, 2020

When the inconceivable actually happens?

 When the inconceivable  actually happens?

When the range of possibilities is very large.

Tuesday, August 18, 2020

What unsustainable means?

What unsustainable means?

Having no choice but to continue the illusion.