Jul
6
Chaosonomics
Filed Under Economics
How did we get here? How sick is that person who draws a paycheck and has neither produced, manufactured, distributed, or made any useful service? Isn’t that the very definition of a Babylon? An economy so distanced from agriculture, mining, manufacture that it provisions life with intangibles? Please wake me up. Please let me out of such a vacuous existence.
- Ben Frananke, Zero Hedge comment (emphasis Inthon)
“No warning can save a people determined to grow suddenly rich.” – Lord Overstone
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