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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: ajtj99 who wrote (244266)4/27/2010 12:47:58 PM
From: John VosillaRead Replies (2) of 306849
 
'The US recovered in 1933 not because of Keynesian economics. The US recovered primarily because Roosevelt devalued the currency by 50%.'

GOP controlled everything in 1930-32. We would be somewhere in mid 1931 now if nothing had been done. Keynesian policies came in after the Dems seized power. There is a time and place for everything. Now is certainly not a time to return to Reaganomics with record wealth disparity far above the prior record in 1929. We are now in a very different place from 1980.
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