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TODAY's recommended economics writing:I'm going to quote Dani Rodrik quoting...you'll see A particularly destabilizing aspect [during the crisis] was the tendency of fears about the soundness of banks and expectations of exchange-rate devaluations to reinforce each other.
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But he also seems genuinely destabilized by certain aspects of the Presidency, mostly those involving "flags, coffins, soldiers," as he puts it.
Napster was enormously destabilizing.
"This was very destabilizing.
It's very destabilizing.
"It is upsetting and destabilizing.
The disease was very destabilizing.
AIDS is already destabilizing Africa.
It can be literally destabilizing.
"Saudi Arabia is pretty rapidly destabilizing.
It was an immensely destabilizing landscape.
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