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by Danielle Park In explaining why highly levered, speculative cycles are so damaging to balance sheets and financial stability, I often reference the reality that when asset bubbles burst, prices drop … Read more
by Lewsk55 Interesting video on the logical fallacies that can lead to dumb financial decisions: I thought the concept of the “endowment effect” was useful — the tendency for us … Read more
by Charles Hugh-Smith Self-destruction isn’t a bug, it’s a feature of our socio-economic system. The gravitational pull of self-destructive behaviors, choices and incentives is scale-invariant, meaning that we can discern … Read more
by: Lance D Johnson (Natural News) When people make excuses for their bad behavior, they no longer have to take responsibility for their choices. Researchers from New York’s Columbia Business School have … Read more