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overtheedge
Member since May 2012
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The Golden Era of Low hanging Fruit - Gordon Long - Market Analytics

Well stated, but needs some additional elaboration. As an example:

"The 1950s/60s in the US should not be considered as "normal" -- but rather as a one-off, extraordinary anomaly."

And with it the peculiar notion that a large middle-class as normal.
Who were and what percentage of the population was the middle class in 200AD, 1000AD and 1600AD?

Commented 3662 days ago

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Beginning of the headline :The US and China may have both passed their Golden Era's where the low hanging fruit of prosperity has been picked. Though very different situations with different challenges, both global industrial powerhouses exhibit some surprising similarities. Also, both face challenges and hurdles that may not be surmountable without great social readjustment. USA - A Former Export Led and Now Consumption Driven Economy The 1950s/60s... Read More

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