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What is obvious to those who understand the principles of systemic design is that the design of the American economic system - and the global sociopolitical economic system of which it is an interrelated part - is fundamentally flawed.
It is based on the obsolete notion that we live in a zero-sum, scarcity-based world.
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Financial Russian Roulette - Readers’ Comments - The New York Times
I like to say that I called this when I went short on my career as a securities analyst in 2002, but it wasn’t the only reason I changed directions…
I will say that the people working in financial markets over the last decade should have felt this coming, in their gut.
(Killer comment from an NYT reader, click over for the full text)
