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| Permalink View Article Stats (2 comments) Why the Financial Collapse? Quicklink submitted by Douglas Smyth (Add your own quicklinks easily with the OpEdNews Quick Link Browser bookmark) |
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| The financial collapse is not because of the sub-prime meltdown; that was only the trigger. The collapse has much deeper roots, in the politics and policies ushered in by Reagan in 1980, and still dominant until early in 2008. The solution is to repudiate conservative economic policies, not just to bail out the banks, but to rebuild the foundations for a mass consumption society. |
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