I think we've crossed the threshold where no one can really conceive this number anymore. https://twitter.com/zarkoh/status/772504524917469185 …
: like, is the expansion of credit bad? Maybe! Perhaps probably! But only in relation to other things.
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: more importantly, is it cause or effect? And if effect, what are the determinants? Usually: "it's complicated"
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: the traditional ZH poster is looking for the headline of "X happened, therefore it's simple (short this thing I'm long)"
End of conversation
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