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The reality of the global economic crisis

November 8, 2010


Like fish stranded by a fast retreating tide, most mainstream economists, commentators and governments tend to be flapping around frantically and aimlessly, unaware of the real cause of their distress. The more cautious among them hope for a slow return of the tide; most merely hope against hope that somehow, sometime, all will return to what it was. It almost certainly will not.