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DSGE Models Fail Reality Check - Richard Werner and Tucker Carlson #models #financialcrisis
2 months ago
19
Entertainment
Entertainment Life
banks
crisis
banking
experts
ignorance
economics
professors
economists
2008 crisis
Prepare to be shocked: the complex economic models used by experts don't even include banks! It seems like those 'rocket scientists' were building castles in the air, completely oblivious to the financial foundations.
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