To: section9
The '90's as an era of madness?? Hardly.It was a transformational epoch where the promise of technology materialized in an exceptional productivity boom, with the consumer being the main beneficiary.America also came out ahead richer, as well.There was nothing fake about the '90's, except the Clinton's ;-)
To: habs4ever
America also came out ahead richer, as wellThen why are public and private debt higher than ever? Why are we running record deficits?
Why does this rich nation have a current account deficit and a falling dollar? Why does the government of this rich nation have to write IOU's to "trust" funds to avoid default? Why is a SIX TRILLION DOLLAR credit line still not enough?
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