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>What Now?  - James Howard Kunstler - 
Mathematically, doubling down is an amazingly powerful strategy...until it isn't.

http://professorconfess.blogspot.com/2017/11/doubling-down-fiat-currency-and-social.html


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Beginning of the headline :“Contact with Russians.” Grown men and women, doubling and re-doubling down on a political fantasy, repeat this prayer hour after hour on the cable channels and Web waves as if trying to exorcise a nation possessed by the unholy hosts of Hell. But such vicars of the news as Wolf Blitzer, Rachel Maddow, Chuck Todd, and Dean Baquet (of The New York Times) only shove the country closer to a cliff of constitutional crisis. To a certain class of people — a class that includes a lot of Intellectuals-Y... Read More
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