As I stated earlier, the popular notion is that the stock market crash was to blame, however, there were a few other factors; major ones. For starters, the demand for credit all but dried up (Sound Familiar?). Credit for better or for worse drives economic output. Without credit, modern society would be doomed. Without credit, buying power shrivels...
Fast forward to 1999 and we have president Clintons'
Share This Book 📚
Ready to highlight and find good content?
Glasp is a social web highlighter that people can highlight and organize quotes and thoughts from the web, and access other like-minded people’s learning.