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The malicious burning down of another's economy, or one's own economy, in order to reap financial or political gain. It's economics meant to destroy an economy rather than sustain it. The term was coined by K.T. Weir when he heard TV personality Max Kaiser discussing banker bailouts, "They're arsonists! They're asking for more matches and congress is saying, 'Who do we make the check out to?'” Mr. Weir was inspired to register the domain name ARSONOMICS.com, and has been developing related content.
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