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I've been under the impression, perhaps falsely, that our current economy is a total sham. Growth and investment for the last fifteen to twenty years have been based entirely on hype and very little on substance. And while I wouldn't look to stock market numbers as an indicator of overall economic health, I do think the numbers tend to point more towards stagnation rather than growth.
We, as a country, produce nothing for physical export other than cheap food. And while many people argue that we are now a "service-based industry", I don't see it. Where the hell does our economic power come from?
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