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Olduvai III: Catacylsm
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Fourth Turning Economics

Fourth Turning Economics “In retrospect, the spark might seem as ominous as a financial crash, as ordinary as a national election, or as trivial as a Tea Party. The catalyst will unfold according to a basic Crisis dynamic that underlies all of these scenarios: An initial spark will trigger a chain reaction of unyielding responses […]

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German Hyperinflation & the Dawes Plan

German Hyperinflation & the Dawes Plan The German Hyperinflation was by NO MEANS about inflation created by an increase in the money supply under the Quantity Theory of Money (QTM). Today, Angela Merkel has forcefully imposed Austerity upon the whole of Europe because she really does not understand what even caused the hyperinflation. It was […]

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Weimar Greece – The Effects of a Currency Collapse

Weimar Greece – The Effects of a Currency Collapse Cash is a scarce commodity in Greece. In June, Greek banks declared a surprise limitation on how much could be withdrawn from an account. At present, the government still limits the cash withdrawals of Greeks. And, of course, this is just the most recent in a […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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