Now available for download – a technical report written by Jacky Mallett, affiliate researcher of IIIM. Title of the paper is “What are the Limits on Commercial Bank Lending?”. Preprint submitted to Elsevier, September 20th, 2010.

The report presents a controversial theory, with backing evidence, about the cause of the financial crash in 2008, and why it will probably happen again soon. It took a computer scientist, with an eye on algorithms, to crack what many economists failed to understand. See download link and abstract below.
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