Basically up to World War II all cricket tests were timeless. So basically the game would go until one team dismissed the other twice while scoring more runs.
The match mentioned here refers to the Timeless Test played between England and South Africa in the latter in 1939. It seems a combination rainfall and rolling the pitch (i.e. playing surface) rejuvenated the pitch, making it relatively easy to bat on. Combined with some patient batting, this enabled the teams to run up some large scores. Typically the pitch starts to deteriorate after several days play, making it more difficult to bat on.
' I think a significant amount of money is going into advertising, pointless startups, entertainment and social media.'
My suspicion is that a lot of it is going into housing, driving up the costs for home buyers with no productive benefit for the economy.
Well that is obvious after 2008. Last I checked there are around 5 vacant houses for every homeless person in America. According to anthropologist David Graeber, the real original (pun intended) meaning of the phrase "real estate" was royal estate, referring to the British monarchies' royal estate in the 17th century.
Even in a non-debt driven economy debt plays a useful role at a micro level in terms of financing productive investment, not just discretionary consumption. Deflation will increase the real value of debt, making it increasingly difficult to service the debt over time (since your wages would probably be falling), whereas inflation reduces the real value of debt over time.
The match mentioned here refers to the Timeless Test played between England and South Africa in the latter in 1939. It seems a combination rainfall and rolling the pitch (i.e. playing surface) rejuvenated the pitch, making it relatively easy to bat on. Combined with some patient batting, this enabled the teams to run up some large scores. Typically the pitch starts to deteriorate after several days play, making it more difficult to bat on.