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Collapse of our financial system would be positive and cleansing

The only way to clear a zombie economy is to write off uncollectable debt and liquidate all the assets, loans and hedges. That would collapse our financial system, but since it is the cause of our political and economic dysfunction, that would be the highest possible good and extremely positive.

Read the whole article. It’s one of the best explanations I’ve read of how our system got so pathological and why it’s destruction would be a huge positive.

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