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We Have Lost All Sense of Decorum

The Compound and Friends

CHAPTER

The Economics of Bearishness

The economy is built on the actions of people who can't be pretty everyone else. Religious people's, you know, The two episodes ago on Righteous Gemstones on HBO are hilarious. So in the economy it's no different. Michael Sambales made a chart like what happened if you shifted $1 from equities to bonds at the time of Armageddon's comment. And the track record's not great.

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