Reckless monetary policy has produced the everything bubble and lead to hyper financialization of the economy. Malinvestment is the result:
Investors will be shocked by the extent of the coming deluge in bankruptcies as the cost of capital normalizes for narrative driven, valuation free, hot air balloons. Tiger Global and many other funds will close. $ARKK, rather than #oil, is likely to hit @CathieDWood $12 target.
Talk about a misallocation of resources. We have too much of this:
I present to you another hater. He is oddly fixated with me. I have not had an interaction with him in nine months. I am obviously living rent free in his head as he continues the ad hominem attacks. True class.
This guy epitomizes what is wrong with twitter. Look at his feed - nothing but an endless stream of ad hominem attacks. NEVER has ANYTHING positive to say about ANYBODY. What a miserable person. What do you think is his problem? Groveling for attention perhaps?