We’ll burn more and more coal to power air conditioners to deal with unbearable global warming until that’s no longer possible.
The financial markets are the same. No reasonable person believes any of this is sane or sustainable. But what happens when the music stops? Very few chairs.
“The market can remain irrational longer than you can remain solvent”
We’ll burn more and more coal to power air conditioners to deal with unbearable global warming until that’s no longer possible.
The financial markets are the same. No reasonable person believes any of this is sane or sustainable. But what happens when the music stops? Very few chairs.
Especially since Nvidia has reached the “too big to fail” level; guess who’s gonna pay again for the upcoming crisis?