A China Prediction: A Debt Deleveraging in a Decade

"What happens when torrid monetary and fiscal reflation in the West meets tighter credit and evaporating liquidity in China?We will find out soon enough who calls the shots for world inflation in a globalised economy dominated by cross-border capital flows. We will also find out whether these two colliding forces moderate each other, or set off the … Continue reading A China Prediction: A Debt Deleveraging in a Decade

The P-Factor

"'One of the most interesting origins for much of this aberrant thought comes out of harsh and inconsistent and unpredictable early environments,' Caspi tells me. 'Those kinds of experiences that set up the anticipation of bad things happening, or they set up the anticipation of being rejected, they set up the anticipation of being violated, … Continue reading The P-Factor

Preferring Pain to High Cognitive Effort

"Cognitive effort is described as aversive, and people will generally avoid it when possible. This aversion to effort is believed to arise from a cost–benefit analysis of the actions available. The comparison of cognitive effort against other primary aversive experiences, however, remains relatively unexplored. Here, we offered participants choices between performing a cognitively demanding task … Continue reading Preferring Pain to High Cognitive Effort

HumanIPO

"Invest in people you believe in...HumanIPO is a marketplace for capitalizing human potential.—https://humanipo.app/ Ingenious new form of finance under late-stage capitalism or fresh coat on old idea. Thought experiment what if the unit of shares were expressed in years? That'd be called indentured servitude. Express it as fraction of a share or in dollars, you've … Continue reading HumanIPO