Why the World Is Cracking Up

Why the World Is Cracking Up

If one can try to apply any sort of timeline to our ongoing global crack up, it may go a little like this.

The year of collapse was 2008. Lehman Brothers crashed on Sept. 15, and a certain set of ideas - such as the unquestioned wisdom of deregulation for deregulation's sake - died along with the storied Wall Street firm, and the credibility of a generation of economists, journalists, business leaders and politicians.


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