Calculating Returns | Time Travel, Recession Cascades, Privateers, BRIC House & The Return of Fun?
Pirates of Finance
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The Role of Technology in Recession Recovery
I wouldn't be surprised if it accelerates things like where you could have a faster dip into a session and maybe even potentially a faster recovery, especially if as we talked about the past, those things are behavioral. The problem with behavioral economics is it's bullshit, but everything is behavioral. So it's both right and wrong at the same time. I think there's a point where if things accelerate off a cliff fast enough, you can have enough permanent impairment that there is no rebound.
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