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Julian Sanchez
normative.bsky.social
did:plc:jdfwnosj5tavojrkinbcor6h
Bunch of folks pointed to Paul Krugman’s depressingly plausible answer, which is that in the case of extraordinary disruptions, markets are biased toward pretending things are normal until it’s undeniable, then tanking. https://paulkrugman.substack.com/p/why-arent-markets-freaking-out?triedRedirect=true
2025-08-28T19:47:52.111Z