Is that right: 80% of new jobs is actually the government hiring? Wow It’s like there might be an agenda to buy votes, with a limitless budget, and skew the important growth metrics Sly Or stupid All leads to economic indicators that are false signals, like price fixing, and then the miss-allocation of capital Painful from an Austrian perspective But what can one do about it? Very little So definitely best to just hunker down and focus on 1) what you want to create and 2) what’s in your control 🙏🏻

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“Just because you take no interest in politics doesn’t mean politics won’t take an interest in you." Remember my story. Happily focussed on what I wanted to create and was within my control ... and then the govt shut down my entire industry. You'll just have to forgive me if I am hyper aware of sovereign/political risk.