9/ Checks and balances are a) not free b) mostly paid for as 'insurance costs' in non-priced ways c) by people who can least afford to do so
-
-
20/ If we get through 4-8y without a blip in markets, but create yuge unpriced psyche wounds, would we have "won" Trump era? You decide.
-
21/ Footnote: afaik, Seth Klarman is among the few major/credible Trump bears. He's 30% cash now https://www.nytimes.com/2017/02/06/business/dealbook/sorkin-seth-klarman-trump-investors.html …
End of conversation
New conversation -
-
-
People are continuing to be enslaved. The instruments of bondage have just been virtualized beyond recognition. So it's not apparent.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.