man can some phd people come up with a different economic system?
i'm only 29 and we've been on the brink of complete economic collapse twice now. this shyt is getting old
You can’t fix human behavior.
Interest rates were super low for ten years because we wanted to fix the economy. Banks, large companies, small businesses and people took on debt because it was so cheap to borrow. This will always happen every single time you have rates so low. No matter the decade. Everything is fine UNTIL there’s a drawback and SUDDENLY the debt that was so cheap to borrow can no longer be paid back. It’s the same story every time. Every. single. time.
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