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Boom, bust (depression), recovery, repeat. The US economy is amazingly resilient
That has been the pattern in the past but we have no idea if that will continue into the future. Fundamental economic conditions have changed considerably from "the old days". As one who has been around since the 1950s, I can vouch for this. Debt is a terrible burden, whether for an individual, a family, a community, or a government. Right now, we have a HUGE amount of debt that needs to be serviced. As the economy has slowed, it has become more and more difficult to service this growing debt with shrinking resources. If this trend does not change and soon, something will HAVE to give. There really isn't any other option. Because of the very different conditions today, it is quite possible that there will be an event or events that are unique in US history. It is very unlikely that these will be beneficial. Keep stacking, friends.