The Cure for What Ails Us: Market Crash and Mass Defaults
The system has reached extremes that can no longer be rebalanced by policy tweaks, borrowing another couple trillion dollars or inflating asset bubbles.
There are many possible answers to the question "what ails us?" but they all boil down to one reality: the socio-political-economic system has slowly transmogrified into one that benefits the few at the expense of the many by its very structure. There are many moving parts in this transmogrification, hence the multiplicity of answers to "what ails us?"
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