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The tyrant "has desires which he is utterly unable to satisfy, and has more wants than any one, and is truly poor, if you know how to inspect the whole soul of him: all his life long he is beset with fear and is full of convulsions, and distractions, even as the State which he resembles."
Wednesday, July 6, 2011
Defining a Depression
"Some point to the success of Latvia in managing its so-called internal devaluation. But its GDP is 23 percent below its pre-crisis peak. That is a depression."
