[Translate] This is a vlog unlike any other I’ve made before. The idea is to use a long-standing macroeconomic model called “IS / LM” to explain why the debt limit must be increased by August 2nd 2011. The IS / LM curve was created in 1937 by Sir John Hicks, and has stood the test of time. Why? Because it’s held up under a number of data tests. IS...
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