As manufacturing gets cheaper like the tools that you use, the cars that you drive, the washing machine in your home, uh the tires on your cars, uh all these different things get better, not just cheaper, but actually unlock new capabilities and new things that people people enjoy.
Housing services, which is rent, mortgages, utilities, is like 12% of the economy. Talking about, you can think about that like a $3 trillion a year subscription fee for living.
Just beneath the surface of the global economy, there is a hidden layer of dealmakers for whom war, chaos, and sanctions can be a great business opportunity.
1mo ago
Underscored — save the words that stop you in your tracks.