I recognize the ups and downs, but in the long run our economy continued to grow until it became the worlds largest, which is what I meant by fared well. We are still the worlds largest economy. If you agree that we are now a credit based and service based economy my question still goes unanswered. Can a credit based and service based economy survive? To add another question if it can survive can a credit based and service based economy remain as the worlds largest economy?
|