Bust Of Dot Com News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Years. if we average it out, economic growth has been only 1.7% for 13 years running now. the lowest rate of growth since probably the civil war. and so therefore, we have a huge problem, we need to ask how we got here and why the mainstream economy is failing. my book addresses that. i say it started a long time ago but it got exacerbated by the reagan deficits which weren t intended but they were massive. we tripled the national debt in the 1980s, then greenspan came along in the 90s and tried ameliorate the problem, massive expansion of the fed s balance sheet that created a boom in the stock market and the bust of dot com. we had that in 2000 to 01. greenspan panicked, pushed the interest rate down to 1%, which really really kind of lunatic, caused the housing bubble, that collapsed millions of families were hurt by that. bernanke then tried to double ....

Civil War , 1 7 , Mainstream Economy , Weren T , President Reagan , Stock Market , Tried Ameliorate , Balance Sheet , Bust Of Dot Com , Interest Rate , Housing Bubble ,