It is just hard for me to believe the Russian economy can collapse in 2022 without causing a global financial contagion. We are probably already beyond the 1998 Russian financial crisis and that was in a far less interconnected global economy.
The global financial system is interconnected in unknowable ways. It is far too high dimension to reason about or model in any meaningful way. Especially the higher order effects of these decisions.
I would just be shocked that what Russia is planning to do will stabilize anything.
I just don't know if blindly pulling every financial lever available is the right move here given the fragility of the global economy after 2 years of COVID.
Russia is a petrostate with a few extremely wealthy insiders who have been skimming off the nation's profits for a couple decades instead of building a giant economy. What else besides oil and gas does Russia really provide to the world? Thankfully, there are many levers to pull to ease the shocks of cutting off fungible Russian energy.
Meanwhile not pulling your financial levers when a dictator pulls off the eastern war of aggression is a great way to ensure that you have lots of economic and human hardships in the future.
I love listening to him but the problem is I know calorie restriction and time restricted eating is smart but I love good food more.
People don't just want to live longer. They want to basically do absolutely nothing different than what they do now and also live longer. I wish we at least would frame the problem correctly.
The ultimate "best" outcome would be some sort of intervention that mimics the results of calorie restriction or fasting, but without the sacrifice.
But to get there, we need to study the mechanisms through actual calorie restriction and fasting, both to 1. prove that it works in humans, and 2. figure out why.
Why would Russia go back to communism without Putin? He didn't cause the downfall of Communism. Their default could be many things, but reinstating the USSR is not one of them.
He agrees with whatever the guest says, no matter how stupid whatever the guest said is. This makes the interviews unbearably boring to me. The interviewer should challenge the guest, so we can learn something from the interview.
The global financial system is interconnected in unknowable ways. It is far too high dimension to reason about or model in any meaningful way. Especially the higher order effects of these decisions.
I would just be shocked that what Russia is planning to do will stabilize anything.
I just don't know if blindly pulling every financial lever available is the right move here given the fragility of the global economy after 2 years of COVID.