The Zeitgeist
The Welding Shut of the American Mind
The closing of the American mind is evolving into its next stage: the welding shut of the American mind.
What’s the difference between closing and welding shut? A closed door can be opened. A welded shut door cannot. We can’t save the minds already lost. We can only prevent our OWN minds from being welded shut.
And we can. Together.
Mailbag – Lucifer’s Hammer Edition
It’s been a full year since I wrote my last Mailbag note, which is kinda pathetic.
Well, better late than never. Reader comments and emails following our publication of Lucifer’s Hammer have been amazing, and it would be a disservice to the Pack if I didn’t collect some of them here. Enjoy!
Lack of Imagination
The structurally bullish will warn us against failure of nerve. The traders will warn us against hesitation. The structurally bearish will warn us about being unable to shift into a defensive shape. But what we should be worried about now is a lack of imagination.
The Elton/Hootie Line
In 1995 we crossed a line in music.
In 2009 we crossed that line in markets.
In 2016 we crossed that line in politics.
Music charted the way back. Let’s listen to its lesson.
The Narrative Matrix
New from ET contributor Pete Cecchini …
We talk all the time about the informational efficiency of markets. What if the real dimension we should focus on is narrative efficiency?
Don’t Test, Don’t Tell
The CDC’s Don’t Test, Don’t Tell policy came crashing down last night. So did Trump’s “buh, buh the flu” and “Yay, Containment!” narratives.
Now let’s get to work preparing for the fight to come.
Not in panic. Not in fear. But with resolve, sacrifice and righteous anger for those who would use us instrumentally for their own political ends.
Clear eyes. Full hearts. Can’t lose.
The Fall of Wuhan
Containment has failed.
And so now we must fight.
That means doing everything possible to bolster our healthcare systems BEFORE the need overwhelms the capacity.
That means calling out our leaders for their corrupt political responses to date, and forcing them through our outcry to adopt an effective virus-fighting policy for OUR benefit, not theirs.
The Industrially Necessary Doctor Tedros
To date, WHO leadership has simply been part of the Chinese narrative machine.
It’s more than a disgrace. It’s more than a humiliation of the people who do good and important work through WHO.
It’s a betrayal of the entire world.
Harper's Corner
Michel Jordan is adding NASCAR to his sports resume. He's now the co-owner of a NASCAR team with Bubba Wallace as the driver.
ET Twitter Feed
Great article, great conclusion:
"Perhaps I’m just plain wrong. Maybe the new breed of market Bumblers has changed markets from price discounting and discovery mechanisms to a new form of entertainment." But I’m just not willing to concede that ‘truth’ is no longer relevant." https://twitter.com/EpsilonTheory/status/1308804556327989248
"It may be a brave new world of Davey Day Traders, but it’s not enough to convince yours truly to drink Huxley’s soma. Or the Fed’s SOMA (System Open Market Account)."
New post by ET guest author @CecchiniPeter!
https://www.epsilontheory.com/brave-new-world/#.X2t2SLHscpk.twitter
"It may be a brave new world of Davey Day Traders, but it’s not enough to convince yours truly to drink Huxley’s soma. Or the Fed’s SOMA (System Open Market Account)."
New post by ET guest author @CecchiniPeter!
Brave New World | Epsilon Theory
It may be a brave new world of Davey Day Trader, but it’s not enough to convince yours truly to drink Huxley's soma. Or the Fed's SOMA (System O...
www.epsilontheory.com
Just recorded a podcast with @TESLAcharts. You’re gonna like this one!
The Welding Shut of the American Mind | phenomenal essay, again from @EpsilonTheory
Though seemingly unrelated, this has to do too with why the very idea of the Turing Test is a race to the bottom.
Computers fare better if compared to Rhinoceros
The Welding Shut of the American Mind | Epsilon Theory
The closing of the American mind is evolving into its next stage: the welding shut of the American mind. What's the difference between closing and wel...
www.epsilontheory.com
“... it’s so important to consume EVERYTHING with a critical eye. Because we are being played, constantly and by everyone.” via @EpsilonTheory
Gell-Mann Amnesia | Epsilon Theory
"Briefly stated, the Gell-Mann Amnesia effect is as follows. You open the newspaper to an article on some subject you know well. In Murray's case, phy...
www.epsilontheory.com
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Archive Spotlight
Even When I Lie
The way I see it, there are three reasons a person becomes a liar: he believes that he must, he believes that he may, or he believes it serves a Greater Truth.
ET Live!
ET Live! – 9.15.2020
In today’s episode, it’s all about BITFD and the almost hilarious extremes to which the Long Now has infected our financial world. Don’t forget to refresh your browser if your video doesn’t start promptly after 2:00 PM ET.