“If there is any one strikingly obvious feature of the U.S. economy in the past 15 years, it’s the serial asset bubbles, one after another. Take a look at this chart.  Why did our economy become dependent on asset bubbles for ‘growth’? One way to find an answer is to ask: cui bono, to whose benefit? Correspondent Jeff W. has the answer: the financial sector and the central government.”

http://charleshughsmith.blogspot.com/2013/09/maybe-this-is-why-we-now-have-serial.html

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