“every economic theory, relationship and model we have no longer applies.”– Whi

–“every economic theory, relationship and model we have no longer applies.”–

Which never should’ve happend if we had followed a full accounting of capital (balance sheet) instead of an income statement, and measurements instead of probabilities (Keynes). Computing was ‘late’.


Source date (UTC): 2022-07-14 13:44:52 UTC

Original post: https://twitter.com/i/web/status/1547577873006940161

Reply addressees: @PeterZeihan

Replying to: https://twitter.com/i/web/status/1547570290586046474

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