How Small Events Can Cascade into Contagions


 

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

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