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It seems to me that thanks to China (and other low cost labor markets) the American stock market and bond market have been able to produce record profits for shareholders of these companies. If the same American companies could have reinvested more of these record profits in employee pensions, worker healthcare and U.S...more
It is complicated. What a mess. Conflicting opinions between adults and their children. War. Unemployment. Tight Money. Sounds like the period of time around the Vietnam War. The 1960's.
10/19/2010
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