pull down to refresh

221 sats \ 1 reply \ @Undisciplined 17 Apr \ on: There’s Only One Possible Cause of the Next Recession, And It Isn’t Tariffs econ
You’re talking about the difference between proximate and ultimate causes.
Those who want to understand what happened and avoid it happening again will follow your advice and look for the deeper reasons.
It’s completely reasonable to suggest that tariffs could be the proximate cause of the bubble bursting. It’s completely unreasonable to claim that they caused the bubble.
write
preview
128 sats \ 0 replies \ @unschooled OP 17 Apr
Beautiful - I hadn't been aware of this terminology. I'm glad you set me straight.
reply