Quote:
Originally Posted by Robbie
How many times do you need it pointed out to you that the wars had NOTHING to do with the economy collapsing?
Is this really how uninformed people are?
Let me say it one more time: The wars were a huge mistake and helped drive our debt through the ceiling. Total disasters.
The ECONOMY collapsed because of the housing market collapse in the 3rd quarter of 2008. That was caused by bills that were passed in Congress in the 1990's that created a housing bubble.
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^^^^ Pretty much this
Taking it a little further,
massive fraud by the banks & ratings agencies, coupled with lax/non-existent regulation & oversight, crushed the economy. By comparison, the wars were 'just' big frauds.