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if you're already simplifying very complex processes

I'm just considering macroeconomic aggregates. You're the one who turned the macroeconomic aggregates into a presumably easier to understand metaphor about German grannies lending Californias the money to buy BMWs.

The brainless should not be in banking -- Willem Buiter

by Migeru (migeru at eurotrib dot com) on Thu Mar 18th, 2010 at 12:07:11 PM EST
[ Parent ]
ok, sorry, you win :-) Still, I think the cause and effect (ie the process) needs to be looked at, not just the static end-product...
by crankykarsten (cranky (where?) gmx dot organisation) on Thu Mar 18th, 2010 at 12:15:02 PM EST
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