Reagan's trickle down economic policies and massive de-regulations of big banks and Wall Street were definitely the main starting point for what cultivated the 2008 collapse. Trickle down was a massive failure a deregulation allowed the banks and brokers to run around like kids in a candy store with a MORE MORE MORE giddy mentality. Clinton and Bush definitely added to things but by then the banks and wall street were not going to stop their evil ways - damn any torpedoes. They have two of the largest, powerful, and influential lobbies in Washington. This is from the 1987 movie Wall Street for anyone not familiar. These were the types on dudes that Reagan empowered while removing any restraint from how they did business.
And this directly related to how the crash went down.
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“The fact that we live at the bottom of a deep gravity well,
on the surface of a gas covered planet going around a nuclear fireball 90 million miles away
and think this to be normal is obviously some indication of how skewed our perspective tends to be.”
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