Our dilemma is that we live in an economic system structurally incapable of paying attention to the multiple paths of its own collapse
…It cannot even adequately price shocks that are months away from the outflow of Trump/Hegseth/Netanyahu idiocy. (Oil futures prices are irrationally optimistic based on Hormuz ceasefire ‘vibes’.)
It certainly cannot price *this thing will probably flip into irreversible mode within the next few decades and then take decades to unfold*.
The invisible hand has no digits. It’s fucking useless