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Brave New World
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“It may be a brave new world, but it’s not enough to convince yours truly to start drinking the soma.”
I just reread Brave New World, The Sun Dial Press, New York, 1932 (First U.S. Edition). (I will assume the italics font above was a little gluey for ‘A …’ and ‘The…’.) I had not realized before that promiscuity was expected, especially for the alpha class. Both Bernard and The Savage struggle with this expectation whereas the lovely alpha-plus Lenina does not. (so perhaps not totally dystopic)
With an avalanche of USD both accomplished and impending, isn’t even risk-off now risk-on? The $64,000 question for me is how to diversify the so-called risk-off? I don’t want to kick the soma and end up with Kool-Aid. Cheers!
Thank you for the piece. Like Victor, it feels like there are a number of $64,000 questions out there. What if companies just issued stock for all the stock buybacks they completed over the past 5 to 10 years? Why should the government step in with loans and PPP? Passive flows (Green) where ~40% penetration has no thought about the price of a stock. Maybe we should have taken our medicine in 2008? Are we trapped?
Looking forward to future posts.