domingo, 16 de março de 2025

«Evolutionary Stability Is The Better Bet _ Team Trump’s wobbling upheaval undermines faith in the future»

 


A abertura: «Any investment — whether in personal relationships or in financial markets — is a bet on the future. The expectation is not that there won’t be ups and downs, but that one can count on generalized stability over time. If that stability is undermined, all bets are off. It is in the vacuum of stable expectations that the worst happens: breakups, depressions, bank runs, civil unrest and even war».


Sem comentários: