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by uoaei
1203 days ago
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This pre-supposes a pretty radical (yet normalized nowadays) economic philosophy: that growth per se is good. A more nuanced approach would be to value and triage lending opportunities according to how much they contribute to the heating up of the economy, and how much opportunity for future sustainability they provide. |
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It's an exponential process and there are really only 2 states except for an infinitesimally small space between.