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[...] The US has been in a cycle of bubbles, busts, and crashes since at least 1995, and more likely since Alan Greenspan became the Chairman of the Federal Reserve in August, 1987.
The cycle is the same, only the depth and duration seems to change in a continuing ‘wash and rinse’ of the public money and the real economy.
It has become a machine for transferring income, wealth, ownership, and power to the very top.
This is not ‘the new normal.’ This is financial corruption and the erosion of systemic integrity.
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