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veen · 1828 days ago · link · · parent · post: Bridgewater has just bet a billion and a half on a March recession.
It feels to like we’ve been talking about the impending crisis for the better part of the past two, three years. I know markets stay irrational for much longer than seems plausible, but at the same time I’m also starting to think that there’s been some interesting pushbacks on the parts of our current economic system that seem to be the most risky. WeWorks’ dropped value and the Feds money pump come to mind. Is it even possible that the adults in the room have learned from the previous crisis and we can stave it off pretty well, or do you think there’s something fundamentally broken that prevents us from entering some sort of post crisis era like we were promised in the nineties and zeroes?