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I just realized why the “economic boom” story feels very surreal to me (quite apart from any skeptical bias I may have as an anti-Trumper). I can’t put any anecdotal color on it. It’s a boom without a story attached, at least in non-1% blue coastal world. Anyone got anything?
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Maybe it’s cultural anxiety masking economic strength, but everybody I meet in the middle class is either holding position or gradually weakening. The rare people winning are winning in special-case ways, like somebody with a startup taking off etc. There is no broad-based boom.
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I'm feeling like there is a complexity shift upward away from tangibility to this weird "because I said so" valuation structure. Like if SoftBank gave you 11b you could turn it into "infinity billion" by laundering it through acquisitions. This is the new winning
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is this perhaps because you were younger and people tend to be more energetic and hopeful when they're younger than when significant decades have elapsed and people have left a string of tattered dreams and failed relationships behind them?
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