Putin Declared Easter Truce
Russian President Vladimir Putin has declared an ‘Easter truce’ in Ukraine. He said his military would cease “all military operations” from 6pm Moscow time on Saturday until midnight Monday in a [...]
COMMENT: Dear Martin Armstrong,
This very unusual video about dominoes is 2½ minute and shows how a small domino can knock over big ones. I remember you writing about a small Austrian bank, Creditanstalt, that in 1931 was the first sign of the economic depression. Maybe these dominoes can illustrate what happened.
I hope you are fine and thank you for this blog
L
REPLY: This is a great example of how a small event can set off a contagion. This is exactly how it works within the global economy.