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Go Fourth: Crucial Knowledge

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As I mentioned in a post yesterday, I was delighted to see The Fourth Turning is Here book, which I purchased and read over the course of just a couple of days (which is no mean feat, since this sucker is nearly 500 pages long).

I truly enjoyed the book, although I’d say easily 70-80% of the book is there for fleshing out the concepts. The entire thesis of this book, as well as its prediction about what is to come, could be condensed down to probably about thirty pages or so. This is not to say that the bulk of the book is fluff; it’s simply not essential to the points being made.

I’m certainly not going to try to boil it down further into a single post, but I’d at least like to share a variety of thoughts and impressions drawn from my reading. I’m going to be completely lazy and just bang this out as a series of individual, disjointed paragraphs. I’ve also interspersed a variety of graphics that are related to the content.

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A Near Disaster For Boeing’s 737 Max

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A bear surprised to see a door open on a 737 Max

It’s A Miracle No One Died This Time

On Friday, a hole opened up in the fuselage of a brand new Alaska Air Boeing 737 Max.

Video of the Alaska Airlines Boeing 737 Max making an emergency landing in Portland after part of the aircraft blew out.

The plane had just taken off and had reached 16,000 feet before returning to the airport.

The aircraft was new, having just been delivered in October. pic.twitter.com/FUNKlyDli9

— Yashar Ali 🐘 (@yashar) January 6, 2024

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Pendulum

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Allow me to start off what is intended as an economic musing by referring to a favorite comic of mine, Patton Oswalt. He has a fairly new bit in which he explains the Trump phenomenon as a totally understandable response to the Obama presidency.

The political pendulum in America, deep in the throes of the financial crisis, had swung so far that the United States elected its first black President, and a rather progressive one. After eight years of that, the “mirrored” response was to elect a political novice known principally as the billionaire star of a reality television show.

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Worry Warts

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Typically when things are going great, I think about just how low things could go or how bad things could get. I’m going to do just the opposite today, since that f*cking b*tch Janet Yellen has a way of mucking up all my plans, and instead will think about danger points for bears tomorrow (that is, Friday).

I am presently short seventy-three different positions, almost all of which are deeply in the green. However, looking at the ES, it is approaching a supporting trendline that spans back for many months.

0810-es

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