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Couve_do_Lidl89 karma

Hi Izabella,

Big fan of your editorial work, and specially Alphaville, over the last few years. I'm not kidding when I say you and your former team (shout out to Jemima!) have played a really important role in assuring me that no, I'm not going insane, and that yes, "things" are really as stupid as they look like, and this market (esp. tech) is in a full blown manic phase that will come to a hard and painful stop eventually.

Anyway, I have a few questions, the last one of which is a bit stingy but I can't help but ask you because it is about one thing about you that I learnt and that frankly shocked me when I first read it, especially because I think it's partly a parallel symptom to all the stuff I cover in the preceding questions:

  1. Do you think we're in a tech bubble? What do you make of the cultish behaviour around certain stocks and just the apparent general demise of all traditional criteria for valuing stocks and picking investments? I think this is a ripple effect of the post-social media's "post truth" - from anti-vaxxers through populist politics to Elon and dogecoin. What do you think?

  2. Crypto. Do you think we've now achieved critical mass and certain actors in the financial sector are sufficiently intertwined with it to give rise to a serious financial crisis when, in my opinion, the inevitable ponzi scheme crash comes?

  3. Finally, and this is the stingy one: how come someone who's so evidently in-tune with the lunacy of the last 10 years somehow thinks Brexit was a good choice for the UK? When I first read you thought that I couldn't believe it. Surely there's some more nuance to it, so let me ask you: why do you think that for real, and what is it with the EU that is so fundamentally broken that you think the UK - and a BoJo-led UK at that - is better off on its own, specially amidst increased geopolitical risk and instability (and even more so when you really don't know where the US will take you every other election)?

Edit: u/realizakaminska, I have to be honest, I'm a bit surprised to see you've answered every single comment here but this one. I think that probably owes itself to my last question. I think that must tell us something but, anyway, moving on: wishing you all the best in your new project.