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The United states has been on a completely irresponsible fiscal joy ride (some would call it a demolition derby) for many years. Unbridled greed any kind of levels of this financial markets was unleashed by deregulation of the financial industry and unrealistic mortgage terms. The Madoff & Stanford revelations, the huge cost in the wars in Afghanistan and Iraq, partisan politics, other people., indicates how badly we lost our technique. As a society, in some way, typical contributed into the fiasco through our collective mindset. This is our wake-up call.
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