THURSDAY, OCTOBER 12, 2017
Dustbowl
A decade later, it looks like the Great Recession may be worse than the Great Depression nyti.ms/2kJUSnd
I think it will be the forgotten depression. The triumphalism of neoliberal capitalism and Fed independence made this unpossible, and the unquestionable stewardship of Obama/Geithner rendered it moot. I'm not sure that even historians - decades later, as is their privilege - will grapple with this fact.
Empires fall.
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