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Olduvai
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Olduvai III: Catacylsm
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The Art of Defaulting

The Art of Defaulting … the debt-financed overspending of the 1960s had continued into the early 1970s. The Fed had funded this spending with easy-credit policies, but by paying back its debts with depreciated paper money instead of gold-backed dollars, the U.S. effectively defaulted. Ray Dalio Principles for navigating big debt crises Ray Dalio of […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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