US is in a huge pickle. Govs endless printing inflated asset prices astronomically
Means that nearly everyone now makes more from their investments than from their job
No ones making the connection, but that’s why productivity has fallen off a cliff - working isn’t “worth it”
Means that nearly everyone now makes more from their investments than from their job
No ones making the connection, but that’s why productivity has fallen off a cliff - working isn’t “worth it”
People see tweets like this and their first thought is to start yapping about how it’s a bubble
Is it a bubble? Maybe
But it could simply just be the new paradigm. Assets are so inflated, the only viable business now is creating assets or buying and selling assets https://twitter.com/dailydirtnap/status/1359889959721828362
Is it a bubble? Maybe
But it could simply just be the new paradigm. Assets are so inflated, the only viable business now is creating assets or buying and selling assets https://twitter.com/dailydirtnap/status/1359889959721828362
Also if you have employees and they’re not working hard anymore, this is why. It’s not because of wfh. It’s because you’re paying them peanuts compared to their investment returns