I like to use this analogy as a way to think about growth and economic policies. Interesting to you?
Think of the economy as an ecosystem, like a wildlife pond or swamp. There are different niches being developed and exploited, various predators and prey seek safety and advantage. It's a big interconnected system where we approach but never quite reach equilibrium. And what happens if one species becomes too successful? A pond can be overrun by millfoil or other invasive plants (overpopulation). A swamp can be depleted if a predator becomes too predominant and has no rivals (too big to fail). Lakes can be overfished.
I like to use this analogy as a way to think about growth and economic policies. Interesting to you?
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LG
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