Exact(8)
Maybe this pessimistic reading is correct.
That view, it should be acknowledged, represents a pessimistic reading of the situation.
Yet again, and against that pessimistic reading, there is merely stoic accommodation in Amichai's words: this is what we have, and we will have to make do with it.
A pessimistic reading is that the negative forces impacting the Chinese economy, which include the bursting of a stock-market bubble, a huge debt burden, and slowing growth in some of the country's trading partners, are threatening to overwhelm Beijing's efforts to stabilize things.
Looking at options activity, the ISEE (the number of opening long call options to opening long put options purchased on the International Securities Exchange) ten-day moving average hit the lowest (most pessimistic) reading since its inception, indicating that the environment is right for the bulls.
A pessimistic reading of this history might suggest that status and power are not easily defeated; radical reform movements can deal setbacks but rarely death-blows to existing norms.
The various bot-like advocates who call the Convergence home, their visions of withdrawal and transcendence animated by a pessimistic reading of ever-intensifying global disasters, possess a conviction that Jeffrey, on his own or in conjunction with his New York girlfriend, Emma, and Stak, the Ukrainian war orphan Emma adopted, proves unable to match.
On the other hand, a pessimistic reading of the aphorism might note that the absence of 'straw' is liable to render foundations unstable – much like building a house on sand.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com