We haven't learned anything and I suspect we won't learn from this either.
The actions being taken by government today seem unprecedented, but if you study the great depression you'll see that the actions taken then were just as interventionist and in some ways more so. Hoover and FDR took a fed created recession and turned it into the great depression.
There's a good chance our current and near future "leaders" will take us down a similar path.
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We haven't learned anything and I suspect we won't learn from this either.
Oct 07 13:23 pm
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All Comments by JohnAl »Have We Learned Anything Yet? [View article]
The actions being taken by government today seem unprecedented, but if you study the great depression you'll see that the actions taken then were just as interventionist and in some ways more so. Hoover and FDR took a fed created recession and turned it into the great depression.
There's a good chance our current and near future "leaders" will take us down a similar path.
Nope, we haven't learned anything.