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The choice is simple: housing is either shelter for citizens, or it’s just another interchangeable speculative asset in the global financialization casino. It can’t be both.

Bottom line: with the loss of predictability, we’ve also lost any sense of future financial security.

Markets misbehave, sometimes when we least expect it. How badly they misbehave depends on the soundness of the hull and the level of self-reinforcing hubris.

Lowering one’s tax burden is not the reason to pursue self-employment, but it is something worth understanding if you’re exploring self-employment.

The Problem With Money is that it’s complicated.

Meanwhile, in the lived-in world, our quality of life is unraveling in myriad ways as algorithmically-driven under-competence and mediocrity are now the norm.

Americans seem to have forgotten that we are not slaves to finance-tech profits as the sole divining rods to what happens next.

The point of this thought experiment is to reveal the true nature of our relationship with AI: we only love it as a mindless slave that makes us rich.

Read carefully between the lines, for all this will come to pass.

“Controlling the narrative” to justify destabilizing asymmetries won’t change the consequences.

If the “solutions” being offered are features of self-liquidating systems, they aren’t solutions, they’re problems.

The goal is to move incrementally toward a kind of happiness that actually makes us happy. That’s the goal of my work.

Word traps and false logic don’t lead to dominance of the future or monopolistic grips on limitless profits.

Sometimes wide moats and billions of dollars to blow lead not to glory but to hubris, which beckons Nemesis.

In summary: bloated headcounts, no new sources of revenue from AI, and limitless content with no scarcity value. Welcome to the DSD: DeepSeek Disruption.

I’m not sure that “software will eat the world,” but it could consume the stock market bubble in a single gulp.

Why is any reduction in consumption posed in terms of unbearable sacrifice, when no sacrifices are necessary to consequentially reduce consumption?

A great many people laud traditional values and lifestyles, but they leave out the hard part: it take a heck of a lot of work, effort and sacrifice.