On reality, loss of reality and the market - Paul Krugman in NYT:

'So the Trumpists took the rising market as validation for everything they were doing — their push for early reopening even though the coronavirus was by no means contained, their opposition to further relief for unemployed workers. In other words, the irrational exuberance of the retail bros may have enabled the irresponsibility of an administration that didn’t want to deal with reality in the first place.'

Read the article here.

The irrational exuberance. What else can you expect? Did the system ever reward rational modesty?

Casinos are built on irrational exuberance, the US is built on it, and God is part of the equation, irrational exuberance and the Heavenly Father are a good couple.