Animal Spirits: The Dumbest Week Ever

Today’s Animal Spirits is presented to you buy Osprey Funds:

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We discuss:

  • The joke cryptocurrency going nuts
  • Why dogecoin annoys me so much
  • The problem with meme stocks and joke cryptocurrencies
  • Do we really need the ability to trade stocks 24/7?
  • All models are wrong but some are useful
  • Why this could be the golden age of financial scams
  • People are buying second homes en masse
  • Should Airbnb start a financing arm for their hosts?
  • Why everything looks like a bubble after 2008
  • Higher wages are coming
  • Why used cars are in high demand right now
  • Why is everyone in the media freaking out about Substack?

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