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- Average gold demand for Germany between 1995 and 2007 was a modest 17 tons. Today it is 100-ton plus. http://bit.ly/2ybvkoR
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- Why do we even have a debt ceiling? It actually goes back to World War I. http://bit.ly/2vP7Scn
Friday, May 13, 2016
Business cycle theory discussion
I understand general principles of Austrian business cycle theory which are briefly described in [wiki article](http://ift.tt/1fGSTbp). Actually this theory wasn't confirmed with empirical research or was even rejected. So I'm interested if there are any alternative business cycles theories which where confirmed by empirical researches? If yes, then what are their causes and periodicity?