Quote Originally Posted by Chomsky View Post
Yeah I don't know, after doing a deep dive reading Jeffrey Snider's work (thanks for that), not sure that's possible.
it's interesting to me that snider doesn't even speculate about what's causing the phenomena he describes. it's "the landmine." something happened to trigger the 4 contactionary waves in the euro$ market. maybe the cause doesn't matter. whatever triggers the avalanche or the earthquake isn't as important as the damage reports.

[and btw, woodsman, i think the best lacking all conviction is at least as important as the passions of the worst. makes you wonder what makes them the best.]