273: John's Shark Bite
Dear Hank & John
00:00
Is the Calculated Size of the Global Economy Really Calculated?
If you count investments and derivatives, then it's far, far more. It goes up by two orders of magnitude or something. And i'm just like, racto turn it all off. This, this seems way too dangerous. The elephants are here, and they're like, ok, i had to speak up because it turns out derivatives, we're just making us too nervous. You think that's the thing that they're worried about, not like the complete failure of extractov capitalism to appropriately value natural resources? That one is probably the ererivative.
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