Of Two Minds

Looking back, 2024 may well be viewed as insignificant compared to what lies ahead.

The younger generations expecting to inherit the immense wealth piled up by Boomers in home equity and stocks may be in for a shock.

Without being aware of it, we’ve privatized “free” speech in the form of digital monopolies.

Self-serving special interests are delighted to fill the void when local journalism disappears.

Markets are manipulated, yes, but they’re still structures of tightly bound, self-organizing complexity which lend themselves to sudden non-linear collapses.

Violent crashes followed by equally violent rip-your-face-off rallies as we experienced in August are not signs of a healthy, stable stock market.