Tuesday, July 20, 2021

Episode 179: How To Blow A Bubble

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Not knowing how a system works, one seeks answers when that system fails. Sadly, if the sought answers are wrong, one may extrapolate between similar systems, perhaps disastrously. I share my market bubble theory in Episode 179: How to Blow a Bubble.

In this episode, I read from: Tim Hwang's book, Subprime Attention Crisis: the Time Bomb at the Heart of the Internet; and from Thomas Greco's book The End of Money (sadly, though I got that book from the library, it no longer seems to be available, and I absolutely refuse to include a Shit River link; so there you go). Musically, I play: KMFDM, backing Jeff Jarvis' observation about the tendency for the internet to destroy intermediaries; and I close with Mistle Thrush.