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0 sats \ 1 reply \ @SatsMate 22 Jul \ on: The Bankers' Depression of the 1930's Photography
A parallel between then and now is in the roaring twenties there was speculation on pretty much everything under the sun. People took excessive risk and made tons of money - once the great depression came, people were not prepared due to the decade long spree of easy money.
Short time preference? What make you think it will not happen again? look's like history tends to repeat itself.
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