68340 | Agree, about the crash. If one looks at the history of the US, it had a crash about every 50 years or so, except during the Civil War, going back to the beginning of the US. We had one in the 1930's and should have had another one in the 1980's, if the gov. would have stayed out of things. Some one said our economy is like a flush bucket used in hog confinement buildings. It is a container that automatically tips over when it is full, then uprights it's self again, and flush's the floor once it gets full. All they did is put side boards on the old flush bucket from the 1980's till now. It will flush some time in the future, it will just be a bigger flush than if you would have if the gov. would not have messed with it in the 1980's.
Why did England loose being the world currency? Read up on that sometime. Not, just you, but everybody.
England actually had a big national debt after a war, but through financial disciple, the gov. paid it all off and England continued to be the world currency. Eventually those with that kind of disciple died/lost office and England lost their position and economy. |