Nassim Nicholas Taleb @nntaleb
Obviously markets adapt but they ...overcompensate. There are $$$ in building capacity during shortages but people underestimate the capacity built by others... So shortages are followed by gluts. [Predictably, shipping costs are dipping BELOW pre-pandemic levels] — PolitiTweet.org
Peter Frankopan @peterfrankopan
Exactly how @nntaleb calls it https://t.co/GKJhRXrPr7
