“this market is completely delusional!
...it’s... funny!
well, i’m pretty much in this position!
it’s ride or die” 
pic.twitter.com/lPTrsdOTi4
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Replying to @DanielleFong
There's deeper factor at play which gives 'temporary' reason for optimism. Computers only been around for 1 generation, and population boom and other things mean the world is actually creating wealth at exponential levels, so losses of past/present don't compare to future gain.
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Replying to @AwokeKnowing
I don't think computers have been enough to keep productivity growing quickly. I'm with Peter Thiel and Jeremy Grantham, we've had a remarkable secular decline in productivity, and the problem will not be solved until we successfully win the war against this virus.
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Replying to @DanielleFong
this virus is a minor blip. Computers have revolutionized farming, manufacturing, transportation, medicine, and logistics so much that individual (human) productivity lost to 'comfy life' barely matters. The questions are changing.
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Replying to @AwokeKnowing
see, I happen to know a *lot* about the state of technology development and the economy from before this pandemic, and it was terribly weak. I'm on the side of
@peterthiel,@EricRWeinstein &@SamoBurja our institutions have largely sucked we'll do better, but it's a long road.2 replies 2 retweets 12 likes -
Replying to @DanielleFong @AwokeKnowing and
The rich have been on a long climb post the huge leveling events of the Depression and WW2 to revert the economy to some version of the 1920s. It began with Kennedy's tax cuts.
1 reply 0 retweets 1 like
unstable.
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Replying to @DanielleFong @AwokeKnowing and
I agree. But when acting collectively humans have a very hard time keeping in mind their long-term self-interest. That very much includes the rich.
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