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Pastimes : The Philosophical Porch

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Julius Wong

To: Rarebird who wrote (12888)	4/1/2022 8:10:12 AM
From: Cogito Ergo Sum	1 Recommendation Read Replies (1) of 26251

I think the relative value of today's rates to earlier eras... matters a lot... I think the inversion is less significant at these rate levels... not insignificant ... but a lot is because for most a generation south of you and I this is scary foreign territory ... my analogy if the speed limit is 10mph and I crash at double the speed limit ie. 20mph.. it is FAR FAR less serious than crashing at double the limit if the limit is say 30 most vehicles today will completely protect you today at a 20mph crash... but at 60mph ? a crap shoot yes ... I kept half of both F and GM I am nibbling ... my fear of inversion is not that great at these rate levels.. Big tech is rife with cash.. yet have been humbled ?? edit: over their head home buyers can be in trouble... but you cannot cure stupid

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