Sta Hungry Stay Foolish

Stay Hungry. Stay Foolish.

A blog by Leon Oudejans
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Chaos-Equilibrium-Vacuum

The fallacy of control

Yesterday's blog, The complexity bias (12): Why, poses an interesting dilemma: if everything is connected (see my blogs on interconnectedness) then autonomy and control are an illusion. Hence, today's blog is about the fallacy of control. Source: "The Fallacy of Control is where you assume an inaccurate amount of control in a situation or in life. You either believe...

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Irrational exuberance

Irrational exuberance

In 1996, former Fed Chairman Alan Greenspan coined the term "irrational exuberance". He warned for overvalued asset prices, following long periods of low inflation and lower risk premiums. Today, the stock markets are widely seen as overvalued. Each bit of bad news (eg, Covid-19, economy, unemployment) translates in higher values on stock...

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The Left believes in control; the Right in conspiracies. Where’s the center?

The Left believes in control; the Right in conspiracies. Where’s the center?

Joe Biden might be the final person who can bridge Democrats and Republicans in USA. The center in Politics was once powerful but those days are gone. The fringes are taking over in parliamentary democracies. The movement from the center to the fringes is like a centrifugal force. The centrifuge in a washing machine is the best example to explain this...

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A happy New Year with even more irrational exuberance

Monetary expansion by Central Banks reached unprecedented levels in 2020. This expansion boosted prices on financial (eg, bonds, shares) and property markets (real estate) rather than in the real economy. These price increases are considered to be profits rather than price inflation, following guidelines (eg, accounting). Also see my 2019...

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The Institutional Crisis and COVID-19 (GPF)

The Institutional Crisis and COVID-19 (GPF)

Introductory notes by LO:I highly recommend reading George Friedman's analysis below. I think, feel and believe that the new divide, to which George Friedman is referring to in his 8th paragraph, is about Ideology versus Pragmatism (also see my related blogs). Interestingly, this same divide is also visible in the Dutch Cabinet: the...

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Thierry Baudet’s omvolking door 3 miljoen corona doden

Medio maart 2020, bij de aanvang van de lockdown, zei een (inmiddels ex) vriendin tegen me dat de corona crisis goed was voor de huizenmarkt want er zouden veel huizen vrij komen. Ik was met stomheid geslagen door haar gebrek aan empathie. Ik vroeg haar die opmerking niet te herhalen waar anderen bij zijn. Later keerde haar gebrek aan empathie zich tegen mij.Recent,...

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