The description reads "this implies we're living in .. excesses ..". Any merit to that idea? Correlation does not imply causation, I am thinking the recent volatility just reflects that the world ticks at a faster pace in general because of improved communication technology.
I do not have an affiliate account. I just copied and pasted the links.
Ray Dalio’s book, layman can read.
Extraordinary Popular Delusions And The Madness Of Crowds
by Charles Mackey
https://archive.org/details/in.ernet.dli.2015.58938/page/n31/mode/2up
All of those lines reminds of those patterns on banknotes, if you look from up close.
For fuks sake, there are a lot of bubbles, is this just confirmation bias and looking at everything as a "bubble"?
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or are they mistakes? https://www.libraryofmistakes.com/