alt Hacker NewsThe market can remain irrational longer than any of us can remain solvent. The market is not any good at strategic or long-term thinking, particularly if it takes a generation to realize the scope of the damage, as seen by America abandoning its ability to manufacture things in chase of short term profits.
This is exactly the right answer. The supposed "rationality" of capitalism can ruin us before we get a chance to dazzle the world with our contrarian insights.