re: Deindustrialization - Have We Become a Poor Country?

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You see these threads on the O-T where over half the country can't afford a $1,000 emergency and Americans hold a trillion in credit card debt and that doesn't seem too healthy to me.

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It's not perfect but that's the point of free systems is that there are inflationary periods and deflationary periods. We have been in need of a deflationary cycle since 2009 so ultimately the market will come through with one.