{"id":67104,"date":"2024-03-29T17:07:49","date_gmt":"2024-03-29T22:07:49","guid":{"rendered":"https:\/\/olduvai.ca\/?p=67104"},"modified":"2024-03-29T17:07:49","modified_gmt":"2024-03-29T22:07:49","slug":"sick-of-it-all","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=67104","title":{"rendered":"Sick Of It All"},"content":{"rendered":"<header class=\"ArticleFull_header__z0vIZ\">\n<h3 class=\"ArticleFull_title__FDrpw\"><a href=\"https:\/\/www.zerohedge.com\/markets\/sick-it-all\">Sick Of It All<\/a><\/h3>\n<\/header>\n<div class=\"NodeContent_mainContent__2jyAd\">\n<div class=\"NodeContent_body__HBEFs NodeBody_container__eeFKv\">\n<p data-pm-slice=\"0 0 []\">Every week, usually once or twice, I sit down to put onto paper my thoughts about the market. And every week, my disgust not only for the rigged system that encompasses our equity markets, but also for the sound of my own whining, grows exponentially.<\/p>\n<p>When I sit down to perfunctorily prattle on about how nothing makes sense and how I constantly see things the polar opposite of 99% of everybody else in the world of finance every week, I usually wonder two things.<\/p>\n<p>First, I wonder whether or not today will finally be the day that I capitulate, get bullish on the stock market, and start bowing religiously to a statue of\u00a0<a href=\"https:\/\/quoththeraven.substack.com\/p\/modern-monetary-theory-and-the-economists\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Stephanie Kelton<\/a>.<\/p>\n<p><a href=\"https:\/\/substackcdn.com\/image\/fetch\/f_auto,q_auto:good,fl_progressive:steep\/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8cda5f46-a69b-4a3a-9573-d7d0ce2fb5ce_518x297.png\" target=\"_blank\" rel=\"noopener\" data-component-name=\"Image2ToDOM\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/substackcdn.com\/image\/fetch\/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep\/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8cda5f46-a69b-4a3a-9573-d7d0ce2fb5ce_518x297.png\" sizes=\"auto, 100vw\" srcset=\"https:\/\/substackcdn.com\/image\/fetch\/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep\/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8cda5f46-a69b-4a3a-9573-d7d0ce2fb5ce_518x297.png 424w, https:\/\/substackcdn.com\/image\/fetch\/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep\/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8cda5f46-a69b-4a3a-9573-d7d0ce2fb5ce_518x297.png 848w, https:\/\/substackcdn.com\/image\/fetch\/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep\/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8cda5f46-a69b-4a3a-9573-d7d0ce2fb5ce_518x297.png 1272w, https:\/\/substackcdn.com\/image\/fetch\/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep\/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8cda5f46-a69b-4a3a-9573-d7d0ce2fb5ce_518x297.png 1456w\" alt=\"\" width=\"518\" height=\"297\" data-attrs=\"{&quot;src&quot;:&quot;https:\/\/substack-post-media.s3.amazonaws.com\/public\/images\/8cda5f46-a69b-4a3a-9573-d7d0ce2fb5ce_518x297.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:297,&quot;width&quot;:518,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:389634,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image\/png&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:null}\" \/><\/a><\/p>\n<p><em>\u201cI should know, I\u2019ve followed a few!\u201d &#8211; Arthur<\/em><\/p>\n<p>After all, the incessant\u00a0<em>price\u00a0<\/em>moves higher in Bitcoin are part of what triggered me to eventually\u00a0<a href=\"https:\/\/quoththeraven.substack.com\/p\/let-bitcoin-cook\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">reassess my thought process<\/a>\u00a0on the cryptocurrency. And even though I got bullish for reasons\u00a0<em>other\u00a0<\/em>than price, why couldn\u2019t the same happen with equities?<\/p>\n<p>Second, I try to conceptualize\u00a0<em>exactly how fast<\/em>\u00a0the universe can, and will, make a total ass out of me by crashing markets 50% in 15 minutes in the days, hours, minutes, or probably even seconds after I\u2019d have such a shift in sentiment.<\/p>\n<p>Which is why, like the Black Knight in\u00a0<em>Monty Python and the Holy Grail<\/em>, I will continue to forge forward, exasperated, regardless of the inconvenient fact that I have no arms or legs left. But don\u2019t let anybody ever tell you that my spirit was easy to break.<\/p>\n<p><a href=\"https:\/\/substackcdn.com\/image\/fetch\/f_auto,q_auto:good,fl_progressive:steep\/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F61d1da6b-e9df-4ac1-a140-28c349efbe1f_577x427.png\" target=\"_blank\" rel=\"noopener\" data-component-name=\"Image2ToDOM\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/substackcdn.com\/image\/fetch\/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep\/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F61d1da6b-e9df-4ac1-a140-28c349efbe1f_577x427.png\" sizes=\"auto, 100vw\" srcset=\"https:\/\/substackcdn.com\/image\/fetch\/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep\/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F61d1da6b-e9df-4ac1-a140-28c349efbe1f_577x427.png 424w, https:\/\/substackcdn.com\/image\/fetch\/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep\/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F61d1da6b-e9df-4ac1-a140-28c349efbe1f_577x427.png 848w, https:\/\/substackcdn.com\/image\/fetch\/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep\/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F61d1da6b-e9df-4ac1-a140-28c349efbe1f_577x427.png 1272w, https:\/\/substackcdn.com\/image\/fetch\/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep\/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F61d1da6b-e9df-4ac1-a140-28c349efbe1f_577x427.png 1456w\" alt=\"\" width=\"290\" height=\"215\" data-attrs=\"{&quot;src&quot;:&quot;https:\/\/substack-post-media.s3.amazonaws.com\/public\/images\/61d1da6b-e9df-4ac1-a140-28c349efbe1f_577x427.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:427,&quot;width&quot;:577,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:737017,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image\/png&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:null}\" \/><\/a><\/p>\n<p><em>\u201cThe Black Knight always triumphs!\u201d<\/em><\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Sick Of It All Every week, usually once or twice, I sit down to put onto paper my thoughts about the market. And every week, my disgust not only for the rigged system that encompasses our equity markets, but also for the sound of my own whining, grows exponentially. When I sit down to perfunctorily [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,6],"tags":[33286,24076,1138,4318],"class_list":["post-67104","post","type-post","status-publish","format-standard","hentry","category-economics","category-liberty","tag-qtrs-fringe-finance","tag-rigged-system","tag-stock-market","tag-zerohedge"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/67104","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=67104"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/67104\/revisions"}],"predecessor-version":[{"id":67105,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/67104\/revisions\/67105"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=67104"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=67104"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=67104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}