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What is Money When the System Collapses?
1 July 2013, 03:13,
#7
RE: What is Money When the System Collapses?
They do call economics "the dismal science" for a reason.

The end scenario of any academic economic system analysis and extrapolation is inevitable collapse as the cycles of correction grow more intense as the system becomes larger.

Every model ends in failure.

My Economics professors back in the late 1960s were completely baffled that the system had not collapsed by then.
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RE: What is Money When the System Collapses? - by Mortblanc - 1 July 2013, 03:13

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