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Stanford

Attempting To Sustain The Unsustainable

Only makes the inevitable crash worse
Monday, September 29, 2014, 7:32 PM
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The general theme of the 2008 financial rescues engineered by the world's central banks was: Do more of the same.

The same things that got us into trouble -- namely too much debt and increasingly expensive energy -- simply increased after the 2008 crisis.

By a lot.

 

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