Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.
Monday, March 28, 2022
Like this would ever happen............
When everyone thinks central bankers, money managers, corporate managers, politicians or any other group are the smartest guys in the room, you are in a bubble.
Explanation: Massive stars can blow bubbles. The featured image shows perhaps the most famous of all star-bubbles, NGC 7635, also known simply as The Bubble Nebula. Although it looks delicate, the 7-light-year diameter bubble offers evidence of violent processes at work. Above and left of the Bubble's center is a hot, O-type star, several hundred thousand times more luminous and some 45-times more massive than the Sun. A fierce stellar wind and intense radiation from that star has blasted out the structure of glowing gas against denser material in a surrounding molecular cloud. The intriguing Bubble Nebula and associated cloud complex lie a mere 7,100 light-years away toward the boastful constellation Cassiopeia. This sharp, tantalizing view of the cosmic bubble is a reprocessed composite of previously acquired Hubble Space Telescope image data.
On anxiety, a useless emotion........
Your first step, if you deal with stress and anxiety? Start reading the Stoics. Then, take two Ibuprophens or Acetaminophens and read some more. Since I deal with anxiety about the future most (I hate lack of control), my favorite quote from this article:
“He suffers more than necessary, who suffers before it is necessary”
-Rick Georges, from here
Almost like it is a historical cycle or something...
Good times plant the seeds of their destruction through complacency and leverage, and bad times plant the seeds of their turnaround through opportunity and panic-driven problem-solving.
-Morgan Housel, from here
I would say that the quality of our society will be inversely proportion to the level of political energy. One of the toxic effects of social media is to elevate the level of political energy. We would be much better off with people putting energy into their relationships and their work.
-Arnold Kling, from here