pull down to refresh

27 sats \ 2 replies \ @kepford 3 Oct \ on: Don’t Oversell China’s Economic Crisis econ
It is easy to over or under sell things. It gets more attention. There's a strong incentive to do both. I try to remind myself of this. We see it on SN and in the bitcoin world often. But I see it in every human community that I've experienced.
write
preview
63 sats \ 1 reply \ @Undisciplined OP 3 Oct
It's one of the reasons I like posting differing opinions.
We also tend to have a hard time keeping economic "crises" in perspective. Even in really large economic crashes, the average person maintains 90%+ of their standard of living.
reply
25 sats \ 0 replies \ @kepford 3 Oct
Overselling is great for getting your bros pumped but terrible for convincing others or winning people over. We basically live in a world full of liars justifying their lies by worst case scenarios. It just keeps escalating.
reply