What Will Surprise Us In 2022?
this is an excellent article and a must read,,,https://www.zerohedge.com/markets/what-will-surprise-us-2022
I love this part,,,
Since increasing productivity cannot be made risk-free while speculation can be made to appear risk-free for a time, all the money and talent has flowed into speculation. The real world rots away as everyone pursues the incentives that the central bank regime have created to game the financial system and speculate as wildly as you can because there’s no longer any risk of any asset ever declining ever again.