Category: History
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Bond Market Vigilantes
Knights of the Old Republic In the before times, people actually cared about the government deficit. Which may seem hard to believe now (see below). For a brief moment there was even a surplus during the late 90’s. Fiscal discipline is one of those quaint ideas right out of a Ken Burns documentary. However, ideas…
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The Minsky Moment
New post is up on the danger of recency bias in investing. In light of current events it should be topical. I wish I was able to get it out sooner!
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Crap Denominated Bonds
History doesn’t repeat itself but it often rhymes Mark Twain allegedly The Malthusian Trap is an idea from Thomas Malthus regarding population levels and food supply. He contends that populations will grow to in excess to what the food supply can support and the result will be starvation and population decline. History also shows that…
He Was A Data Boi 