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I have listened to this End Game Podcast maybe 5 times. If @MetreSteven is the Bond King, Lacy Hunt is the God Emperor of Bonds.
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I have started doing the homework that Lacy Hunt mentions in this conversation. I found (I think) the 1934 Irving Fisher paper on highly indebted nations. Just thought i would drop this little paragraph. ITS SCARY HOW THIS APPLIES RIGHT NOW.
phare.univ-paris1.fr/fileadmin/PHAR…
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phare.univ-paris1.fr/fileadmin/PHAR…
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This quote rocked my world.
"23. The chief interrelations between the nine chief factors may be derived deductively, assuming, to start with, that general economic equilibrium is disturbed by only the one factor of over-indebtedness, and, in particular...
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"23. The chief interrelations between the nine chief factors may be derived deductively, assuming, to start with, that general economic equilibrium is disturbed by only the one factor of over-indebtedness, and, in particular...
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