"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
11 Charts Show The World Has Learned Nothing From Global Financial Crisis
Submitted by Melinda L. Secor on Mon, 2019-04-08 01:00
"After the 2008 crisis forcefully shoved the faces of most countries directly into the mess they had created, most major global economic participants arrived at the obvious conclusion that since debt caused the crisis to begin with, a deleveraging was necessary in coming years. But instead, just the opposite has happened...."
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