Of Two Minds

This is why “knowledge is power”: those who define what is “knowable” and “known” shape the reality of everyone in the model / system.

I reckon it prudent to see the next decade as a journey through a wilderness few of us have experienced.

Tunnel-vision greed and blindness to what is unseen and therefore “unknowable” is self-reinforcing.

No wonder the world seems deranged–it is deranged by the immense strength of an Old Guard clinging onto power by any means available even as the world around them spins into incoherence.

Greed is good up to the point that it delivers ruin.

The conclusion that soaring asset prices mean the economy is strong is a hallucination that goes unrecognized because the entire financial system is hallucinating.