The Dangers of Wire Heading in the Global Economy

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I think the ESG stuff is not sincere. People who think of themselves being powerful are in general just engaging in virtue of signaling, but they don't actually support things that are good for the environment. I'd say perhaps China has figured out ways in which it can encourage these kinds of degenerate behaviors in the part of people who are in positions of power. There's simply one way of thinking about this: wire heading.

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