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> Crisis is good for the economy in the long term. there is some name for this kind of dismissive optimism, but I do not know it.. suggestions? I hear this ki
by mistrial9 4y ago
> Crisis is good for the economy in the long term.
there is some name for this kind of dismissive optimism, but I do not know it.. suggestions?
I hear this kind of thing from the Cato Institute Human Progress people, who have trillions in paper wealth and the Oil and Gas economy to defend. What could go wrong?
- 0xdde 4y agoInternalized propaganda?
- munificent 4y agoA forest fire might be good for the forest as a whole, but that's a cold consolation to any particular tree or rabbit who ends up turned to cinder.
- nie100sowny 4y agoA better analogy would be a strong wind collapsing big and old trees :)