Senin, 19 Maret 2018

What Goes Boom Must Go Bust

Every now and then the world is visited by one of these delusive seasons when “the credit system,” as it is called, expands to full luxuriance; everybody trusts everybody; a bad debt is a thing unheard of….Promissory notes, interchanged between scheming individuals, are liberally discounted at the banks, which become so many mints to coin …

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