Higgenbotham's Dark Age Hovel

[aedens]

https://www.youtube.com/watch?v=RUH3BPQ5fTo
Pulse Credit Cracks as discussed. Repayments can or delay shift as move down.

[Higgenbotham]

https://www.youtube.com/watch?v=RUH3BPQ5fTo
Pulse Credit Cracks as discussed. Repayment can or delay move down.

In these recent posts, I'm spelling out what makes my mind work differently and I have at times brought these things up sporadically, pointing out that fundamental building blocks of Western Civilization are being dismantled (I will find and repost one of these discussions). So in the past few decades, we have seen off balance sheet transactions and other types of sleight of hand accounting. We've pointed to that as a problem. Others have also. This is why what you're pointing out is fundamentally important (I know you know this). I'm just trying to be more clear as to why I continually bring these things up.

With respect to debt, the AI companies are crowding the overall debt markets.

The only reason I want to study this list a bit is to have a filter to better understand, as current events unfold, what the forces of destruction that have already been unleashed will target further to undermine the foundations of the industrial revolution...as the new dark age tightens its grip.

In addition to the Magna Carta, gunpowder revolution and printing press, list the pre year 1500 foundational social technologies that made the industrial revolution possible

Double-entry bookkeeping: Developed in 14th-century Italy and formalized by Luca Pacioli in 1494, this system allowed businesses to accurately track profits, debts, and capital, forming the bedrock of modern corporate accounting.

The foundational idea is to be transparent and accurate, not opaque and obfuscatory.

[Higgenbotham]

In these recent posts, I'm spelling out what makes my mind work differently and I have at times brought these things up sporadically, pointing out that fundamental building blocks of Western Civilization are being dismantled (I will find and repost one of these discussions).

Next, I will discuss a company called Appliance Warehouse of America that I rented a washer/dryer from.

Like State Farm and Dell, the overall experience was positive but it still showed that an understanding of the basic principles upon which Western Civilization was founded and built is now seriously lacking. This provides continuing confirmation to me that we have entered a Dark Age, even though day to day things are still functioning.

I called the company to schedule a pickup. The woman who answered the phone was very professional and had a great telephone voice. I complimented her on that and she greatly appreciated it.

The pickup was scheduled and the driver called me during the scheduled two hour time slot, which was posted on their website as promised. When the driver showed up, it was evident that he was an African man (born in Africa). He handed me a piece of paper to sign. He was in an unmarked truck that did not bear the name of the company. I signed the form and handed it back to him.

I was aware that the company should have provided me with a receipt verifying the serial numbers of the appliances being the same ones I rented, but I didn't bother asking for it. The reason I didn't is I knew there was nothing they could do if he hauled the appliances off and never returned them to the company.

A few days later I got a bill in the mail that was printed up 3 days before the pickup. In the next 3 weeks, I got no other correspondence from the company indicating the appliances were received or the account was closed. I called to ask if we were square and got the same woman. She said their records showed the appliances were returned and my account was closed.

I kind of doubt most Millennials would have any thought that this transaction was not done according to the basic business principles upon which Western Civilization was founded and thrived for 5 centuries because they have probably never seen a transaction like this done correctly.

[aedens]

We concur as also pointed out early was not wrong as we feed the hedge over time into sds as noted before.
The thought map on my part is linked to the four year effect in direct context to the halfing lets say derived from BTC
which as indicated vacated into commodities which will point to is the tail risk under way as it resolves itself.
I dated that in the taproot notes and the termination on my part from the Toronto project and audits forwarded to regards.
That spread DCF will fund and indicate what we infer as yes we are long and short.
Never fight the tape. Its was signaled you missed the tech run up. We counter the four legs of the chair are
are sound as the level beta on the front end of the distribution Z+1 curve you pointed out early to be on point
in this discussion when we unpacked the Eigenvalues to asset managements noted Mon Jun 28, 2021 5:59 pm
I will leave it as 3 top inputs seen as not to clutter your work which makes me try to keep up.
1. The wasting has not diminished.
2. We know the usual suspects.
Ways to core competency Loss.
1. Outsourcing critical components - leaves the firm vulnerable and does little to build competency.
2. Not committing to core competency in strategic alliances.
3. Failure to build competency in evolving markets forfeits opportunity.

[Higgenbotham]

In the case of Burry, the consensus seemed to be that early was not wrong. But if he had been wiped out, and it was probably close (as in the case of those who hit big jackpots it always seems to be) the consensus would be different. So whether early is or is not wrong, time will tell. But my opinion is that how well one operates once the market is in their competence zone is the best way to judge a gambler. If the gambler can keep their health, sanity, and enough in their account to reach that zone, probably the gambler has done OK, if the gambler can capitalize after reaching his zone of competence. In my case it would mean things like I am not sitting on my hands when the market goes into bear market rally mode.