Tag Archives: ZIRP

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    When Everybody Knows Something, Nobody Knows Anything

    Re-examining the stability of the status quo
    by Chris Martenson

    Tuesday, July 2, 2013, 11:43 PM

    33

    Once upon a time, everybody knew that the earth was flat.  Then they all knew that it was round, but at the center of the universe.  In 1929, everybody was sure that a new permanent prosperity had been discovered. The next decade proved how wrong that assumption was.

    As is repeatedly borne out in life, when everybody knows something, nobody knows anything. 

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