via Mauldin and TBP

https://www.theburningplatform.com/2024/06/15/the-coming-supercyclical-crisis/

After Keynes — “So far so good—it all worked very well, as highlighted by the more stable pattern of growth. After WWII, the economy no longer suffered frequent collapses—there were recessions of course, but not mini-depressions.

However, there was a problem.”

all this, and not one mention of Minsky …. stability breeds instability