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"At first, the credit-expansion appears to be a stimulated process of economic growth. Interest rates fall, capital values rise and entrepreneurs profit by building up the capital structure. The capital construction cannot be completed, however, since genuine saving is insufficient. The boom rests on a lie, viz., artificially low interest rates, and once the lie is exposed, the boom must end and the bust must follow."
Originally posted by The Savage Khan
The good thing about humans is that at any moment they can choose to be whatever they want to be.
We are in a global market now and the dollar was at the center. If it fails, everything changes.