Think import costs and tariffs jack up the price of your $600 sneakers? Think again. A $50 tariff on a $100 import base might sound brutal, but retailers—bless their profit-hungry hearts—don’t just pass it on like obedient tax collectors. Luxury pricing is a game of perception, not math. Brands bank on hype, exclusivity, and your […]
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Spitznagel is, at least in my opinion, the closest thing to a genius we have in the financial world, which is why I heed his warning. To me, the question isn’t whether stocks will drop, but when. To see this, let’s go back to the last two crashes, which I and dozens of others not only […]
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Many years ago, an economist said, (paraphrase, I forgot his name) Mercantilism was an 18th century attempt to wrap an intellectual structure over what was essentially, chaos. Isn’t this what all global macro economists do? Spoiler alert: The economy doesn’t give a ***k about your theory. In fact, all sciences are in the same court. Their superhero skill […]
Continue ReadingSystems Engineering is a holistic, multidisciplinary engineering approach that focuses on the design, integration, and management of complex systems over their lifecycle. It’s about looking at the big picture to ensure that all components of a system work together efficiently to meet the required specifications and objectives. At its core, systems engineering addresses not just […]
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