One of capitalisms major problems is it requires large corrections to reset itself.
It must happen and should have happened 3 years ago. It was stupid to pour so much money into each economy, because now many countries are so far in debt they will not be able to feed their poor when a depression or recession does arrive. This country is not exempt either.
If we get out of this without a major war we will be lucky. Examination of the last two world wars had very similar economic conditions prior to those events. Perhaps it is inevitable that we repeat the same mistakes time and time again.
