substack.com-泡沫的主要标志供给侧的贪婪 --- The Cardinal Sign of a Bubble Supply-Side Gluttony

泡沫的主要标志：供给侧的贪婪 --- The Cardinal Sign of a Bubble: Supply-Side Gluttony Our bankruptcy, contracts, and property laws and case law are well-tested and protect this innovative impulse while leaving other countries squinting. 我们的破产、合同和财产法律以及判例法经过充分检验，既保护了这种创新冲动，又让其他国家 望而却步。 It is glorious. And it is not about thinking everything through in a reserved, mature manner. If the kids in Silicon Valley did that, folly would never happen, and that would be a tragedy. 这是一种辉煌。而这也不是关于以一种克制、成熟的方式去思考一切。如果硅谷的年轻人都那样 做，愚行就永远不会 ...