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By the last 20 years do you mean the post 9/11 slump and the 2007 Financial Crisis?
I think you can mainly lay the blame for 9/11 with the perpetrators. The paralysis post is a fairly natural reaction as the markets never react well to unknowns.
Obviously just my 2p but I think anyone who blames any one group for the 2007 Financial Crisis is probably incorrect. To me it was a clear systemic failing at every level.
hugo7
Yep, fair enough. Must try harder not to fall into the trap of easy targets I suppose.
However, is it fair to blame the recessions of the last 20 years on the financial industry? Or is that a broader symptom of ever growing corporate power and greed?