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  • Nothing less than a new regime will solve it. Marx said - 'History repeats itself; first as tragedy, then as farce'. We've already had the tragedy of the most recent crash, and plenty more besides through history, so maybe we've already moved beyond even the farcical stage. His point holds good though. Anyone who takes an interest in such things knows that capitalism needs sporadic periods of crisis to adapt itself to prevailing conditions, which are entirely unpredictable and abstract as capitalism itself, which the economists who depend on guesswork at best like to call 'corrections'.

    If you think about how wildly incapable a term 'correction' is for the consequences they involve, then take a look at your link which shows plainly these vast sums of money are nothing more than inventions, then it's clear that capitalism will extinguish itself at some point or another due to the limits of not resources or labour which it adjusts to accommodate, but the limits inherent to it as a mode of production. It will be its own downfall, as you can't propagate a myth indefinitely.

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