Combined assets of $14.2tn are more than the GDP of every country except China and the US
Archived version: https://archive.ph/o2gaB
Combined assets of $14.2tn are more than the GDP of every country except China and the US
Archived version: https://archive.ph/o2gaB
post-depression new deal stuff was pretty good? right? the wealth made more sense from there until it was gutted in the 80s
70s recession based on skyrocketing oil prices because of fighting in the middle east is what made the 80s the way it was. Everyone got uncomfortable and upset that it wasn’t all perfect and started fighting to screw over everyone else to make their life better and it worked. The lead fumes also at that point likely didn’t help but yeah the 80s was just the time of action from people disliking the 70s that sent us on this slow painful crawl towards a failing economic system with a couple stops on the way to make it worse to keep the machine chugging along.