Your Evening Read - From Dollar King to ‘Slop Machine’: How America Traded Production for Extraction
In this eye-opening essay, Kyla Scanlon argues that America has quietly shifted gears: moving from an economy that creates tangible value to one that extracts it. Instead of investing in factories, infrastructure, and groundbreaking technologies, the U.S. financial system now specializes in endlessly recycling paper profits —what she dubs the “slop machine.”
By elevating finance over industry, America may be eroding the very moat that underpins the dollar’s global dominance. Dive into this compelling analysis to understand why today’s financial alchemy could be sowing the seeds of the dollar’s eventual decline… and what it means for investors seeking the next wave of real-world opportunities.
Podcast Highlight - Land the Gig AND Keep It: Insider Tips for Aspiring Hedge Fund PMs
Dreaming of trading big money at a top multi-strategy fund? This episode of Odd Lots is your backstage pass.
Recruiter Brian Yelvington pulls back the curtain on what it REALLY takes to get hired (and survive) the cutthroat world of multi-strat shops. From mastering risk controls to proving you can handle the heat without flaming out, these insider nuggets will help you stand out in interviews and thrive once you’re in the hot seat.