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Coming from Complexity/Emergence disciplines, I'd usually dismiss such inferences at face value, the market being an emergent environment by excellence.

But when it is ok to run 50% deficits at one side of the Atlantic but it is not ok to run 12% deficits at the other end, I must concede that something's wrong...


by Luis de Sousa (luis[dot]de[dot]sousa[at]protonmail[dot]ch) on Mon Apr 12th, 2010 at 04:24:05 PM EST
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