Occasionally, in what is basically a free-market system, a whole class of people gets the wrong idea. This is what happened in America (and elsewhere…mostly in the Anglo-Saxon economies) in the last quarter-century. They thought capitalism would make them rich, so they spent as if they already were rich. They thought jobs and credit would always be plentiful, so they saw no need to save money. Their leaders said they would prevent anything from going wrong…and the poor saps trusted them.
Quelle: Capitalism Left Behind in the Biggest Burst of Wealth Producing Growth
