Last time we had such an embarrassment of embarrassments just in the Musk section, that we didn't have space for anything else. Here's what landed on the cutting room floor.

Notes on the new economy.

A few months ago we talked about the bezzle as economic stimulus (and its collapse as the opposite). Here's a footnote.

“.. They were booking tables for $50,000, and it was like, who the hell are these people. .. It was Revenge of the Nerds.”@FT ⁦@knowledge_vital⁩ #Crypto https://t.co/mudG9mPxh5

— Carl Quintanilla (@carlquintanilla) November 27, 2022

Only invest in the heavily hyped approach may have a subtle flaw.

So weird that we ended up with fast, bolt, pipe, bird, ftx et al in the past few years. No idea how that happened pic.twitter.com/8kMXueXwLw

— Teddy Blank (@teddypowday) November 27, 2022

On a related note, remember all the great innovations (self-driving cars, hyperloops) where boosters argued the technological challenges were solved. The only things standing in the way were regulators.

Can't emphasize a point that @WallStCynic makes here enough: fear of "stifling innovation" has justified more regulatory inaction and enabled more fraud than anything else. It's a reasonable concern, but it's become an extremely lazy excuse for inaction.https://t.co/yyonM50oYa

— E.W. Niedermeyer (@Tweetermeyer) November 23, 2022

Oh.
Gee.
Who coulda seen this coming.... https://t.co/IsmxXwbhG8

— CommonSenseSkeptic (@C_S_Skeptic) November 28, 2022

Death and ...

I saw this a few days ago in LA and it reminded me of the conversation we've been having for at (Read more...)