Quote from MKTrader:
No, we didn't need another bubble. We needed to clear out the excesses from the dot-bomb era and slowly rebuild again. The same formula that worked during every downturn/depression for the 150 years of the U.S.
The US.. the US economy... don't "need" ANY kind of bubble. It's the GOVERNMENT WHICH NEEDS A BUBBLE.... to mask its mess and facilitate deficits.
What the US needs... is fiscal responsibility... for the government to "get out of the bubble business"...
