Tariffs, Child Care, Crypto Mining, & Orcas Sink The Rich | Daily Pnut
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Tariffs, Child Care, Crypto Mining, & Orcas Sink The Rich | Daily Pnut
newsletter, all in Smart Brevity, that details in order of importance what we’re thinking or doing. It is blunt, fun and essential.
On the trap of infrastructure investment and the resulting carrying cost of that borrowed money, on top the operating cost of maintaining the new infrastructure, leaving no capacity to improve in the future at the EOL of the new refurbished whatever. This is entropy plus encumbrance like barnacles on a ship
Aka as stressed that the debt service is
... See more(go deeper at SmartBrevity.com).