Here Comes the Dumbest Economic Crisis Ever
The debt ceiling crisis is profoundly stupid, even for America
Published in
6 min readMay 6
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All economic crises are, on some level, the result of human stupidity. Capitalists love to praise the “rationality of the market,” but it turns out that the market is made up of human beings. And human beings are not rational. At least, not rational enough, often enough.
