التصنيف: economic

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economic

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How the Economic Machine Works Part 2

How the Economic Machine Works: you can read more about this here and then read it. Despite people becoming more indebted, lenders even more freely extend credit. Why? Because everybody thinks things are going great! People are just focusing on what’s been happening lately. And what has been happening lately? Incomes have been rising! Asset […]

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economic

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The Economic Machine: How It Works: Part 1

The Economic Machine: The economy works like a simple machine. But many people don’t understand it – or they don’t agree on how it works – and this has led to a lot of needless economic suffering. I feel a deep sense of responsibility to share my simple but practical economic template. Though it’s unconventional, […]

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