Calculating Returns | Time Travel, Recession Cascades, Privateers, BRIC House & The Return of Fun?
Pirates of Finance
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The Pirates of Finance
I want to bring this back to macro. You sort of, you sort of hinted, which brings me back to the idea of set recessions being self fulfilling that if enough people believe a recession is coming, they're going to cut spending. I'm curious as to your take does social gamma mean that recessions can happen faster? Faster? Like you said, or just generally so. Same thing arguably played out with Silicon Valley bank. Bank runs can happen a lot faster digitally when you don't actually have to show up in person.
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