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Ethersync · 11-06-2010, 08:27 PM

It's also worth mentioning that US manufacturing output blew past the UK in 1890 and we never looked back. In fact 1870s and 1880s we experienced our fastest economic growth rates ever.

1865 to 1900 is referred to as the Gilded Age and this economic boom time is what made America America. During this time there were a number of short recessions, 1 depression and huge numbers of banks and railroads went bankrupt. This was a time with no government bailouts of anyone and no Federal Reserve and not only did we recover quickly we had our greatest time of real economic growth ever. Oh, did I mention there was also no income tax during this time?

Now governments prevent the liquidation of malinvestment under the guise of helping us and in reality prolong the agony and worsen the problem.

11-06-2010, 08:27 PM
Ethersync Confirmed User Join Date: Mar 2008 Location: London, Saint-Tropez, Bermuda, Moscow Posts: 5,289	It's also worth mentioning that US manufacturing output blew past the UK in 1890 and we never looked back. In fact 1870s and 1880s we experienced our fastest economic growth rates ever. 1865 to 1900 is referred to as the Gilded Age and this economic boom time is what made America America. During this time there were a number of short recessions, 1 depression and huge numbers of banks and railroads went bankrupt. This was a time with no government bailouts of anyone and no Federal Reserve and not only did we recover quickly we had our greatest time of real economic growth ever. Oh, did I mention there was also no income tax during this time? Now governments prevent the liquidation of malinvestment under the guise of helping us and in reality prolong the agony and worsen the problem. __________________ The best ePassporte replacement I have found: OKPAY Last edited by Ethersync; 11-06-2010 at 08:32 PM..