"The trip I made to Angola to study the prehistoric contents of the gravel beds as a means of deciding the age of the deposits and their economic potential was the first time prehistory had ever been used for such a purpose."

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The basic aggregate measure of gearing or leverage is telling us that today's advanced economies' operating systems are more heavily dependent on private sector credit than anything we have ever seen before. Furthermore, this pattern is seen across all the advanced economies, and isn't just a feature of some special subset (e.g. the Anglo-Saxons).

— Alan M. Taylor