Read through the Wikipedia article on the Great Depression yesterday night. In short, we’re not really sure what caused it and we’re somewhat unclear about what stopped it, though expansion of monetary supply and then WW2 seemed to have done the job.
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10 years of massive pain and the economic discourse is confused and in disagreement. Pretty wild. Says a lot about nebulousness of macroeconomics.
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Replying to @Molson_Hart
Maybe check out Ray Dalio info on debt cycles, he has an entire book, and also this 30 min video, it's pretty good.https://www.youtube.com/watch?v=PHe0bXAIuk0 …
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Replying to @JohnWMcGuire
Seen it and like it a lot thank you.
8:32 AM - 20 Mar 2020
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