It's very obvious that is circling the drain now, but clearly this didn't just happen in a vacuum. It must've started crumbling at some point... but when?
Some people might say it started after 9/11, others might say it goes back to the Raegan administration. A few might even say it started after losing the Vietnam War, or when they went off the gold standard. Or maybe even earlier...
What do you think?
There was also the bailout of Silicon Valley Bank last year. It was a blink-and-you'll-miss-it headline, but man. Like Lehman Brothers, but the Federal
Bankahem Reserve stepped in before the bankruptcy actually hit the stock markets.