–“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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