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A dose of pessimism

Summary:
A couple of should-reads by major influencers.TimeWhy the World Is on the Brink of Great DisorderRay DalioVox.eu — CEPRClimate risk stress tests underestimate potential financial sector lossesHenk Jan Reinders, Dirk Schoenmaker, Mathijs Van Dijkh/t Lambert Strether at Naked CapitalismGlobal SouthThe Age of Confrontation: Deputy Chairman of the Russian Security Council Dmitry Medvedev-on how the tectonic civilizational rift can and should be resolved amarynth

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A couple of should-reads by major influencers.

Time
Why the World Is on the Brink of Great Disorder
Ray Dalio

Vox.eu — CEPR
Climate risk stress tests underestimate potential financial sector losses
Henk Jan Reinders, Dirk Schoenmaker, Mathijs Van Dijk
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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