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Re:Global real interest rates and the ‘suprasecular’ decline... by AndrewBissell on Thursday January 28, 2021 @07:52PM (#25952034)
Extrapolating a trend (even a 700 year long one) into the indefinite future is a fraught exercise, as is attempting to read it as benign just because it has perhaps been so in the past.

Remind me, who was it that wrote about the tendency of the rate of the profit to fall over the long term, until the point it provokes a crisis?

Re:Global real interest rates and the ‘suprasecular’ decline... by Context_free on Thursday January 28, 2021 @10:16PM (#25953349)
You can find the answer here

https://en.wikipedia.org/wiki/Tendency_of_the_rate_of_profit...

This is the first thing that came to my mind as well...the current data on falling rentier rates, crises of political economy etc. makes sense in light of that old model.

Re:Global real interest rates and the ‘suprasecular’ decline... by casualrandomcom on Friday January 29, 2021 @03:09AM (#25955170)
That one actually predicted the First World War.

I am actually with you on the first sentence but your counterexample is weak at best

Re:Global real interest rates and the ‘suprasecular’ decline... by hardlianotion on Thursday January 28, 2021 @08:28PM (#25952401)
Yes, you’d greatly prefer to understand why.