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Innovation Or Stagnation? - Oxford Union Debate (May 2013)

Thiel Talks

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Is There a Real Change?

I think these crises were created by expectations of progress. The credit was lent because people thought the future would be better, and a better future could pay off the debts of the past. So there lie the roots of the financial crisis to day, that progress takes time. And so when we just step back and ask the question, what does it take to create sustainable growth? One of the things it takes is time. Ok, if there na more questions from this side, i think we've exhaust the question. Mark you. Pass me partin forbt.

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