Edward Chancellor: "The Price of Time"
The Great Simplification with Nate Hagens
00:00
The Future of the Financial System
The last big bubble that burst was the 1929 to mid 30s credit collapse. But after that, we had 40 or 50 years of growing oil production still ahead of us. This bubble, that is not the case with resources. So how do you see this all unfolding? Are we going to have hyperinflation or deflation? Will we switch from a 2009 situation of a too big to fail and find that we're going to be in a situation of too big to save like France or Japan"? What are your speculations on all that?
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