Edward Chancellor on the Real Story of Interest
Masters in Business
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Bankruptcy Courts Are Not Just There to Show Off the Architecture of Columns
In insolvencies, they were lower than the insolvencies after the dot-com bus. The zombies are sort of living dead, which is death to a capitalist economy. And hence, bankruptcy courts exist for a reason, right? They're not just there to show off the architecture of those columns. No one in any position authority considered the actual ramifications of monetary policy and of these low rates.
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