The Next Economic Disaster: Why It's Coming and How to Avoid It
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In this illuminating and provocative work, Richard Vague argues that the rapid expansion of private debt—rather than public spending—is what constrains economic growth and triggers economic calamities like the financial crisis of 2008. In this illuminating and provocative work, Richard Vague argues that the rapid expansion of private debt—rather than public spending—is what constrains economic growth and triggers economic calamities like the financial crisis of 2008.
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