“As the recession took hold and credit markets froze, experts said we were experiencing a once-in-a-lifetime economic contraction, although as it happened, the next once-in-a-lifetime economic contraction was only twelve years away. We should get out of the habit of saying that anything is once-in-a-lifetime. We should stop pretending we have any idea how long a lifetime is, or what might happen in one.”
— Nov 19, 2024 04:47AM
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