How would our day to day lives be different had 9/11 not happened?
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Replying to @danielgross
We'd all have more economic security—better jobs, better wages, less debt, more savings, everything would cost less and be better quality.
3 replies 0 retweets 19 likes -
Replying to @zooko
Would 2008 have happened? If not, would cryptocurrency be as big without the resulting decline in faith of financial institutions?
4 replies 3 retweets 15 likes
Replying to @danielgross @zooko
9/11 led to aggressive monetary policy by the fed to hide war costs. Reduced interest rates -> “attractive” adjustable rate mortgages -> CDOs -> interest rates go up -> 2008.
12:19 PM - 28 Jul 2018
0 replies
3 retweets
7 likes
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