Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
But once the value of bottleneck resources exceeds the practical value of monetary debts, the investor class will change their preference. That's perhaps the super-Minsky moment of hyper-inflations, narowly monopolized resources, society (as we know it) collapse.
by das monde on Tue Jul 1st, 2014 at 06:20:35 AM EST
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