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The Doomerists and the Catastrophists
I hope we remember this moment because next time, there's going to be another period of relative instability compared to the past and compared to other nations. The safest, most sensible bet is almost always to trust the experts in the US government. I'm very happy. Chairman Powell. Are you chalking this up as a W? Like, are we out of the woods? No. We don't want to declare victory. Plus their target, I think is like two, two and a half percent. Rents have come down. Or they're slowed down? Is that what it is? Yeah, yeah. But if you look at air travel, weirdly, it's down 8%.