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Re: Fatal Flaw in Logic of the Crash Course?

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  • Fri, Feb 20, 2009 - 07:17pm

    #136
    Peak Prosperity Admin

    Peak Prosperity Admin

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    Re: Fatal Flaw in Logic of the Crash Course?

The design flaw is interest: the more money banks loan, the more interest they earn. Therefore banks constantly seek opportunities to increase debt, hoping that when debts rise to an unsustainable level, someone else will take the fall.