jmeek.bsky.social
@jmeek.bsky.social
Reposted
10/11
That is why these sequences are so dangerous – they can take in the whole economy. When eventually either excessive debt or stricter policies rein in the market, it is not just property developers who suffer. A wide range of agents can get caught up in the adjustment.
January 3, 2026 at 7:17 AM
Reposted
11/11
Some economists insist that you cannot say that a market is in a bubble when presumably rational investors say it isn't. But the economy itself can shift investment away from"rational" behavior as long as agents have different risk preferences and realistic time horizons.
January 3, 2026 at 7:17 AM
Mad King Donald I.
The Ballroom is his Neuschwanstein.
October 1, 2025 at 10:22 PM
Not surprisingly, too ignorant to know the Reichstag fire was perhaps the most notorious false-flag operation of history.
September 12, 2025 at 1:45 AM