How Prepared Are Consumers For a Recession?
A Wealth of Common Sense
OCTOBER 1, 2023
Brandolini’s law states: The amount of energy needed to refute b t is an order of magnitude bigger than the amount needed to produce it. Carlson’s law of finance is similar: The amount of energy needed to refute bad news is an order of magnitude bigger than the amount needed to produce it. It’s much easier to take bad news at face value than good news.
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