Top Links 405 The costs of resilience. Are European bombs over-bought? Costco v. the PBoC and the deadly polycrisis in Ethiopia.

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Electric eel 2019 Pamela Phatsimo Sunstrum Source: Paris Review

The cost of resilience: stock-building & excess capacity

JPMorgan Chase calculates that by the end of 2022, companies that make up the s&p 1500 index of America’s large firms …