Quote:
Originally Posted by eiafjam
another on the plus side......the bubble has burst, we don't need another one.
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Bubbles are like recessions, they come, they pop, they come again. In this country we suffer a major recession about every 20-30 years--that's always just long enough for another generation to forget the lessons learned by the last generation. We tighten things up for a few years then we get greedy and let it go again and boom, there we are picking ourselves up off the floor again. Sure would be helpful if folks would actually read history books. What's Churchills's old saying --"those who fail to learn from history are doomed to repeat it". He also had another great one I really love: "you can always count on Americas to do the right thing--once they have tried everything else".