Post by
Bigrig16 on Sep 12, 2022 12:09pm
Pessimism
A quote by author Morgan Housel
Assuming that something ugly will stay ugly is an easy forecast to make.
And it's persuasive, because it doesn't require imagining the world changing.
But problems correct and people adapt.
Threats incentivize solutions in equal magnitude.
That's a common plot of economic history that is too easily forgotten by pessimists who forecast in straight lines.
Comment by
RawSienna on Sep 12, 2022 3:05pm
Three things cannot be long hidden: the sun, the moon, and the truth.