What was generally described as a topplay ‘financial crisis’ a decade

What was generally described as a ‘financial crisis’ a decade or so ago was just part of a huge structural- that is to say, inherent- change in how the world’s economy works. This is not some temporary, cyclical blip; it is not just part of a normal topplay business cycle. Things are not going to return to ‘normal’ and the economy is not going to ‘recover’, at least not to the way it was between about 1945 and 2007. What is actually happening is that we are experiencing nothing less than a complete paradigm shift in finance and economics and in how money works.

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