Good blog article. I think if you combine Reagan's strong dollar policy and political deregulation of banking, you get both deindustrialization and consolidati

Good blog article. I think if you combine Reagan's strong dollar policy and political deregulation of banking, you get both deindustrialization and consolidation of the banking/investment banking/insurance, and some of the extreme wealth concentration correlated with it. That concentrated wealth is then used to influence (and potentially capture) the political process from cradle-to-grave - from campaign finance, to lobbying, to cushy board seats and the like upon leaving office. Making it politically difficult or impossible to fix or mitigate various problems like Too Big To Fail, deindustrialization, etc. It seems the only way out is either via technological innovation like additive manufacturing, or via another big banking crisis that doesn't get bailed out, but rather resolved like the S&L crisis.