Comments by "Kristopher Driver" (@paxdriver) on "" video.

  1. The reality is that there's nothing interesting to say about things rolling smoothly because there's no need to adjust or think about the stable parts. It's not doomerism to focus on problematic areas or concerning issues, it is just responsible. Anyone who hears negative information constantly on social media and believes they need to run for the hills misses the point of informed risk management entirely and should be hiring a professional to make their financial decisions with them. It takes a real Jack of all trades or mathematician (ideally both combined) to make wise investment decisions with information like this because a grasp of nuance and historical reference is the only thing that makes any of this useful in devising any investment strategy. Nobody needs to spend time watching videos about how capitalism is still working better than communism because that fact hasn't changed and isn't changing daily so why would we listen to the things we're getting right being repeated? It's the things we're getting wrong and the flaws in the system that we keep adjusting to that matter. That's the market price-finding itself to solutions, that's what makes the system creative and quicker to find balance even when occasionally that leads to jolting off-balance momentarily from an inaccurate or incomplete theory. Just a comment on your final remarks and hopefully pointing out to viewers that they either need to keep learning or think deeper than basing broad sweeping opinions based on "negative" information being reported on or discussed. That just so happens to be the most valuable information to convey, so don't be fooled by oversimplifying selective experience fuelling bias until you're well versed in the whole story. This is the same reasoning that leads people today to believe crime has been steadily blgetting worse when it has very clearly and measurably been declining for 30 years. Seeing lots of crime on TV does not mean there's more of it than ever before, it might mean there are more reporters, or more laws defining more crimes, or more population, or a combination of the above. There is no negative financial news, only negative interpretations because finance is arbitrary and only works by trust in fiat which is intrinsically arbitrary to begin with. You can't apply natural law from generalities to an artificial abstraction and expect it to be pure truth, that isn't logical. You can use it to forecast but it doesn't make an accurate forecast one based on knowing any truth of anything ahead of time, it's statistics not physics.
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