Up until Wednesday, GameStop was one of those places in the mall that just blended into the essential mall-ness of all malls, like Auntie Anne's or Cinnabon. I woke up this morning and it was the armored vehicle busting in through the front gates of American capitalism. If we ever needed more proof that The Market is just a bookie joint with aspirations, this was it. And I still think if you unwrap a Bitcoin, there's a chocolate coin inside.And at Madison's Capitol, many are living in their own virtual, alternative reality. In the real Wisconsin, we've gotten through the post-Holiday period, and are continuing to improve on the COVID front, with infections are down to their lowest levels in 4 months.
Ventings from a guy with an unhealthy interest in budgets, policy, the dismal science, life in the Upper Midwest, and brilliant beverages.
Wednesday, January 27, 2021
Our stupid reality, in 2 parts
Two items that illustrate our insane reality in 2021. Where many others choose to bend reality. Charlie Pierce summed up the situation well, not only alluding to this great movie scene, but also in recognizing that today's stock market has very little to do with "investing".
Posted by Jake formerly of the LP at 7:52:00 PM
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