Post #1809 by PucksFool on the Macroeconomic Trends and Risks board

Personal Finance Topics / Macroeconomic Trends and Risks

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For those of you highbrows, Wile E. Coyote is a cartoon character who often chases his agile nemesis, the Road Runner. Road Runner is able to stop at the cliff edge but the momentum of the coyote takes him right off the edge, and being a cartoon, he continues running until he realizes that there is nothing supporting him. Whistling fall ending with a distant thump and dust cloud ensues.

https://paulkrugman.substack.com/p/why-arent-marke...

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