"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Most Investors, Economists, and Policy Makers Are Blind to the Mountain of Malinvestments
?Except for the Austrian School economists, hardly anyone is worried that the extensive restructuring necessary to put the economy back on a healthy, market-sustainable track is not being carried out?or, certainly not being carried out on the scale that the current situation requires.?
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