Both countries are cutting back in the start of egosistm. In china, s a deliberate programme called common prosperity to attempt to reduce some of the inequalities in the current Chinean economy. And isn't china doing something similar? Aren't they contracting as well? Yes. But that just gets to the point of, look, both countries, which have extremely dynamic competitive sartabigo systems, are just putting more and more constraints into place.
"The world is incredibly complicated, and humans necessarily use heuristics and analogies to process that complexity into simpler forms. These mental shortcuts are never perfect, but they should broadly summarize the complexity they represent while affording their user a sense of their limitations.
In that vein, I want to call attention to two lazy tech analogies that I’ve seen lately as examples of the kind of impoverished analogical thinking that the industry needs to actively avoid." - Danny Crichton
Lux Capital's "Securities" newsletter edition: American national security and startups + Lazy tech analogies by Danny Crichton
"Securities" podcast is produced and edited by Chris Gates