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"We have reached a permanent plateau of prosperity."
by ffrryuu 13y ago
"We have reached a permanent plateau of prosperity."
- dredmorbius 13y agoNit: "Stock prices have reached what looks like a permanently high plateau." Profesor Irving Fisher of Yale, autumn, 1929, 3 days before the great crash. Quoted on page 70 of J.K. Gailbraith's The Great Crash 1929 which I very strongly recommend to anyone.