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Precisely the reason I quoted the real world example of Japan rather than go into some pointless argument full of economic jargon. To take the US economy to whe
by thewarrior 14y ago
Precisely the reason I quoted the real world example of Japan rather than go into some pointless argument full of economic jargon. To take the US economy to where it was before 2008 you only need to do one thing . Get housing prices back to their pre bubble highs . The reason being that everything else fed off of the housing bubble. Thing is that those prices were totally unsustainable and unaffordable and so those times arent coming back . Politicians can do their crazy horse dance all year and its still not coming back . In the end as I said in my parent post genuine progress comes through innovation .