Bubbles
Since the Dutch "Tulip Bubble" of 1624, expansionary financing blew bubbles whenever optimism ran ahead of reality. During expansion, reality caught up when growth resumed. That is becoming harder; the bubbles bigger, expecting the system to do something it can no longer do.
Immediately related elementsHow this works
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Compression Thinking Â»Compression Thinking
Compression vs. Expansion Thinking Â»Compression vs. Expansion Thinking
Expansion Economics Â»Expansion Economics
Bubbles
Bigger Bubbles Â»Bigger Bubbles
Explanations Â»Explanations
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