The Economic Crisis in a Nutshell
October 8, 2008
This has been floating around a bit the last month or so, so you may have seen it. But I think it’s the best, most concise explanation of the causes of the current financial crisis that I’ve seen. And you can’t fix a problem, really, unless you know what caused it. When will people ever learn that screwing with a free market is NOT wise. The beauty of capitalism and a true free market is that it stabilizes itself.
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