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📃 Desire vs. Radical Responsibility At its core, desire is a self-imposed agreement. By hinging your emotional well-being on an external outcome (a promotion, a relationship, a possession, a milestone), you voluntarily postpone peace and sign up for discontent in the present. The “contract” metaphor is stark. It implies binding terms, self-enforced penalties (unhappiness, restlessness,... Continue Reading →
Explanation of the unraveling of the highly levered Yen Carry Trade. The state of Japan's economy, and how their debt level, aging population and increasing inflation is locking them to keep interests low, meaning that the Yen Carry Trade can continue.
The Lollapalooza Effect describes a situation where multiple, mutually reinforcing psychological tendencies converge and act in concert, leading to an outcome significantly larger than the sum of its parts. Read on to learn more.