Fear Hustlers and Alarmist Pimps - E245
The main ideas are that we should not abide catastrophism. Cries about the end of Western Civilization are overblown to sell books, get clicks and sell subscriptions to alarmist macro analysis.
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This is a discussion and read through of a recent article that I adapted from last week's rant on the Fundamentals Report newsletter. The main ideas are that we should not abide catastrophism. Cries about the end of Western Civilization are overblown to sell books, get clicks and sell subscriptions for more alarmist macro content. It's not different this time. Economic fundamentals keep the world from spiraling out of control.
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