Broken window fallacy
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Started by becker - Jan. 12, 2025, 1:15 p.m.

Looking at the SPX chart, I would suggest there may be some redrawing technical trend lines. Is it a wedge pattern or bull flag? The $DXY and gold with a +0.8 correlatiion, way hey and up she rises. 

LA fire trajedy. Do you recall that crazy cat from 2000 years ago? He burned down half of rome to make space for his new mansiion. Nero, not a good violin player.

The broken window fallacy: argues that there is no economic gain from fixing the destruction caused by a certain event. Even though capital will be spent to repair any damages, that is only a maintenance cost that does not spur the economy in the long run, as it is not a true increase in economic output.

The carpet baggers are busy working in the ashes

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