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Cause and effect, the riddle of all history, is a particular devil in financial history; and never more so than today, where entire classes of security are collapsing not on public exchanges and stock-tickers but because there are no markets to establish prices this side of nothing. ↗
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I have big friends who won't go swimming because they're too embarrassed about it. I feel that's such a shame, because actually people should be encouraging fat people who are exercising to do it, not pointing and laughing. ↗