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Message Subject THE ECONOMY & YOU # (Daily Updated Videos & Articles)
Poster Handle RoXY
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'Trade-Off' - A Study In Global Systemic Collapse
by Tyler Durden
07/14/2012

And now a little something for everyone who consistently has a nagging feeling that at any second the world is one short flap of a butterfly's wings away from complete systemic disintegration.

According to David Korowicz of FEASTA, and his most recent paper: 'Trade-Off: Financial System Supply - Chain Cross-Contagion: a study in global systemic collapse.' that just may be the case.

This study considers the relationship between a global systemic banking, monetary and solvency crisis and its implications for the real-time flow of goods and services in the globalised economy. It outlines how contagion in the financial system could set off semi-autonomous contagion in supplychains globally, even where buyers and sellers are linked by solvency, sound money and bank intermediation. The cross-contagion between the financial system and trade/production networks is mutually reinforcing.

CONTINUE: [link to www.zerohedge.com]
 
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