Old-time Slopers will understand the risk of my showing not just one, but both, of these legendary videos. The cultural significance of both of these has been well-established on Slope, and I am trying tempting the market gods by waving both of them in their face. Let’s light this candle.
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Ten Times Worse
“If only we had some way of knowing this was coming.” Yeah, well………a thoughtful Sloper sent me a TED talk that none other than Bill Gates gave five years ago which essentially described precisely what we’re dealing with now. The interesting bit is that in his “scare the hell out of the children” moment, he offered up this dreadful scenario:
More Crazy. Less Rich.
I’ve always regarded the movie Crazy Rich Asians with a mild nausea. I wrote about it here in December 2018 and here in October 2018. To my way of thinking, the worldwide success of this movie, a grotesque celebration of excess wealth, was a sure sign of a major top. I was reminded of this by this rather comic experience only minutes ago, when I was on ZeroHedge. Another great moment in context-sensitive advertising.
This is EXACTLY What Today Felt Like
Nothing has changed. Not a goddamned thing. Bring me the head of Jamie Dimon.
Re-Entry Burn-up
Last month, I think the two big “pop culture” markers that signaled a top were (1) Business Week featuring Wall Street Bets on its cover; (2) the absolute obsession with trading Virgin Galactic, which has no profits, no revenues, and no reason to be so incredibly popular. Appropriately, SPCE peaked at precisely the same day the ES did. It lost 70% in a month.
