“Kids, you tried your best and failed miserably. The lesson is, never try..”
Forget fears of rising interest rates – the big threat is how the global economy will cope with supply chain bottlenecks and the coming commodities supercycle. These will create all kinds of friction. The West is particularly vulnerable to microchip supply instability – which could take years to resolve.
There is an enormous difference between savouring a
“Eureka” experience when one gains a realisation of how the universe works, and a “
D’oh” moment when something so blindly obvious finally becomes clear – hitting one between the eyes like the swing of the proverbial sledgehammer.