If you run a root cause analysis of SB or the explosion of VC in general, low rates will be at the top of the list. And this is by design.
I find it very ironic that someone would mention Cuba in this post. Cuba is the epitome of income inequality where the ruling party (Castro and friends) controls all the capital, while the 99.9% hold virtually nothing.…
Let me rewrite the first paragraph: "Flying to Vegas? Look to your left. Now look to your right. Statistically speaking, everyone of you is about to get ripped off."
If you run a root cause analysis of SB or the explosion of VC in general, low rates will be at the top of the list. And this is by design.
I find it very ironic that someone would mention Cuba in this post. Cuba is the epitome of income inequality where the ruling party (Castro and friends) controls all the capital, while the 99.9% hold virtually nothing.…
Let me rewrite the first paragraph: "Flying to Vegas? Look to your left. Now look to your right. Statistically speaking, everyone of you is about to get ripped off."