“The reason it seems that many things (people, countries, religions, cultures) do not change is that changes are happening slowly, little by little.” (Nikkei BP published “Factfulness”)

“Overcome 10 assumptions and develop a habit of seeing the world correctly based on data.”

Subtitle from the best-selling book “Factfulness” from a few years ago.

Many readers may be familiar with it.

“Realize that things (people, countries, religions, cultures) don’t seem to change because changes are occurring slowly and little by little. And remember that when those small, slow changes accumulate, they become large changes.”

Fated instinct refers to the belief that the fate of people, nations, religions, and cultures is determined by the inherent fate they are born with.

There’s a term called psychological homeostasis, isn’t there?

Returning to the usual state, to a comfortable state, is probably a human habit.

This is the weekly chart of TRYJPY (Turkish Lira / Japanese Yen).

The downward slope has continued for years...

Trading volume and volatility have drastically diminished...

It seems likely to fade away and disappear like this.

Perhaps it’s fate, I wonder.

But as Factfulness tells us.

It only looks that way because it hasn’t changed.

That’s right: “There is no rain that never stops.”

Descendants of the Ottoman Empire, keep going!

And please release my trapped salt-hold LONG position! (laugh)

Until next time.

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