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Category Archives: Economy

Like the butterfly effect, seemingly small events can snowball into larger consequences. The economy reminds me of this rhyme.

For want of a nail the shoe was lost.
For want of a shoe the horse was lost.
For want of a horse the rider was lost.
For want of a rider the battle was lost.
For want of a battle the kingdom was lost.
And all for the want of a horseshoe nail.

Question becomes what was the nail that started it all?