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??? The previous argument was on the pace of boom and bust cycles. This argument is on their existence. We don't even have the same kinds of boom and bust cycl
by intended 2y ago
??? The previous argument was on the pace of boom and bust cycles. This argument is on their existence.
We don't even have the same kinds of boom and bust cycles. There is no dustbowl, and we've recovered from incredible calamites well compared to the disasters in the past. Spain hasn't ended up destroying its entire wealth by finding too much wealth for example.
I'm making the mistake of getting into detail with a point that is so out of bounds, its in "not even wrong" territory.