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That may be true academically, but it’s important to point out that everything doesn’t just go back to normal when the textbook definition has ended. The wealth transfer from working class to the rich in 2008 was staggering, and so many people feel that we never really recovered from that crisis.


It really felt like the 2008 crisis never ended, it just trailed off into an exponential decay.


This really does do a good job of explaining it, I feel the same way, you just said it better than me.




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