Michael160 Wrote:
Jan 31, 2013 10:49 PM
Basic post industrial economics teaches us that absent a bubble of some sort, a new technological breakthrough, or the novel exploitation of a new region, there is stagnation. The 90s were powered by the expansion of the Western economy into areas previously behind the Iron Curtain, and by the growth of the high tech sector, which eventually became a bubble. The 00s were basically a real estate bubble. So what will the 10s bring?