That was a good read, but I don’t understand how ANY financial writer can leave out that the USA was a victim of globalization. And all the bubbles and loans etc were created to over ride the results and losses of all the US money to other nations via imports.
The secret global income tax. Paid to support the less fortunate or greedy tax pig nations (exporters) nations, who are now better off than the USA. No mention of wages lagging inflation either.