pull down to refresh
it was a low-interest rate phenomenon
That's a great point!
reply
as always, not original.
Think I stole/paraphrased that one from Matt Levine (though about ESG investing)
reply
Disseminating great points is almost as valuable as inseminating them (I looked it up, that's a reasonable usage).
reply
sounds DIRTY!
reply
People without scientific expertise who dismiss climate change as a hoax are mentally and morally unhinged.
They have no credibility in any sphere.
They are followers of sociopaths and despots.
reply
We all came our senses?
lol, no. Just like other malinvestments, it was a low-interest rate phenomenon. Rates came up, political interest shifted.
(This kind of makes sense from an economic point or view too: the supposed cost of climate change lies way into future, meaning a higher discount rate makes it less relevant today)