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317070 2 days ago

> It's just that economies are systems with feedback loops that exist on islands of stability. Like a ball on top of a hill.

OK, I get that that is indeed what makes these headlines tick, but if we take a step back. That is a ridiculous way of looking at the economy.

* historically speaking, there is no stability to be found

* I don't see how the poor in the world would support this view that "stability is good"

* in fact, I'm sure economists would raise alarms if we would have zero growth for a long time.