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"Terrible book. Not sure I'll be able to finish it." — Jun 21, 2021 11:03AM
"Terrible book. Not sure I'll be able to finish it." — Jun 21, 2021 11:03AM
“There's another element in the euro crisis, another weakness of a shared currency, that took many people, myself included, by surprise. It turns out that countries that lack their own currency are highly vulnerable to self-fulfilling panic, in which the efforts of investors to avoid losses from default end up triggering the very default they fear.”
― End This Depression Now!
― End This Depression Now!
“They could be made to accept the most flagrant violations of reality, because they never fully grasped the enormity of what was demanded of them, and were not sufficiently interested in public events to notice what was happening. By lack of understanding they remained sane.”
― 1984
― 1984
“Em toda a vida, teve um único desempenho: ser pai. E todo o bom pai enfrenta a mesma tentação: guardar para si os filhos, fora do mundo, longe do tempo.”
― Jesusalém
― Jesusalém
“Perfection belongs to narrated events, not to those we live.”
― The Periodic Table
― The Periodic Table
“As long as there are no routes back to full employment except that of somehow restoring business confidence, he pointed out, business lobbies in effect have veto power over government actions: propose doing anything they dislike, such as raising taxes or enhancing workers' bargaining power, and they can issue dire warnings that this will reduce confidence and plunge the nation into depression. But let monetary and fiscal policy be deployed to fight unemployment, and suddenly business confidence becomes less necessary, and the need to cater to capitalists' concern is much reduced.”
― End This Depression Now!
― End This Depression Now!
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