Thousands protested across Argentina on Friday to demand food aid for the poor as soaring inflation and President Javier Milei's harsh austerity measures take their toll.
I’m always hesitant to assume growth will always reassert itself in the end though. You know the old saying, ‘past performance is not an indicator of future performance’, type thing. After all extinction is a thing.
The sand castle analogy is why I think that saying works, past performance doesn’t indicate future, every ‘now’ is a new sand castle, its a bit taller, has more weight on one side from the last shift, its a bit wider… it will fail but and it might look very similar, or it might fail a new way and really take it down.
I see it like sand in a sand timer that’s been tipped. We get little crests and collapses cycles as the whole structure shifts and grows.
Good illustrative example.
I’m always hesitant to assume growth will always reassert itself in the end though. You know the old saying, ‘past performance is not an indicator of future performance’, type thing. After all extinction is a thing.
The sand castle analogy is why I think that saying works, past performance doesn’t indicate future, every ‘now’ is a new sand castle, its a bit taller, has more weight on one side from the last shift, its a bit wider… it will fail but and it might look very similar, or it might fail a new way and really take it down.