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I'm not sure that you can compare the global economic system of 100 years ago to today. Everything is much more tightly interconnected and we have consistently

I'm not sure that you can compare the global economic system of 100 years ago to today. Everything is much more tightly interconnected and we have consistently optimised for efficiency at the expense of resilience. We apparently did not learn from the 2008 financial crisis and are probably even less resilient. We are still represented by Figure 2, graph B of [0]. [0] Options for Managing a Systemic Bank Crisis https://journals.openedition.org/sapiens/747 https://journals.openedition.org/sapiens/747

mdoroo93 7y ago
Financial truth is merely ideology Past societies have legislated it away, soberly realizing the literal agency of people matters more than conformity to emotional gamesmanship of men with little imagination but “watch me trick people into idolatry with appeals to authoritative knowledge they can’t verify cause we won’t educate them!”
- NotSammyHagar 7y ago
  We are really failing at this right now.
deleted 7y ago
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