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Ben Hunt of Epsilon Theory on Turning Layups into Losses, UK Pension Problems, Building Community & Much More (EP.225)
Panic with Friends - Howard Lindzon
Are We Just Too De-Globalizing Right Now?
The only way to break that is to create a 30% national decline in home prices and then they happen on its own. And if engineers that without reversing course because they break something in the rest of the world, you know, inflation can absolutely go back to that two to three percent level. So we're going back to a world where your baseline for inflation is 5, five and a half percent. That's a world that can work. It's just a world that is so freaking different from the one we've been doing for the last 20 years.
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