2 ms·
Our currently accepted models of macroeconomics are based on exactly the opposite assumption - that scale reduces issues. It could be wrong, sure. But extraord
by fooker 2mo ago
Our currently accepted models of macroeconomics are based on exactly the opposite assumption - that scale reduces issues.
It could be wrong, sure. But extraordinary claims require extraordinary evidence.
For what it's worth, I agree with you on the leverage part, just not the scale part.