The situation is as follow
You realised that everything you thought to be true was just B.S.
The realisation is getting you soooo angry. You are looking for someone to blame. Yet you know deep inside you should have listened to your gutfeeling and follow your intuition.
Make it all simpler. Now you do not even know from where to start to make it all simpler. You just want to start all over again and make it simpler. Everything is tangled up. It does not make any sense and you do not know how you got there in the first place.all you want to make it simpler. Soooo much simpler. Why makong it complicated when it can be simpler....
I am a beginner in economics but reading Positive Money book 'Modernising Money' by Ben Dyson and Andrew Jackson. My interest grew in the work of Minsky and encouraged me to read more about Keynes. Keynes economics promote the view that in the long run economics system converge into an equilibrium with the support of the government. Nevertheless you cannot help the role of banks in the system and wonder after reading the following quote: “But this long run is a misleading guide to current affairs. In the long run we are all dead. Economists set themselves too easy, too useless a task if in tempestuous seasons they can only tell us that when the storm is long past the ocean is flat again.” (Keynes, 1923) This imply that economists did not comprehend why we had a financial crisis and collapse. Minsky with his model 'Financial Instability Hypothesis' strive to answer this question. The idea in Minsky's work in a 'simplistic summary is that in very
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