This section contains 479 words (approx. 2 pages at 400 words per page) |
Objectivism
The fundamental belief of objectivism is that self-interest is a normal human state and interventionism by the government is unnatural and evil. Taxes and government regulation have no place in society. This mentality helped to fuel the collapse of America's economy.
Wall Street
The rich and powerful on Wall Street were the perpetrators of the fraud and criminal activities that led to the assault on the economy. These individuals were compelled by greed to grab as much money as they could from what they considered to be a nation in decline.
Federal Reserve
It was the policies and practices of the Federal Reserve that helped push the American economy toward the precipice. Alan Greenspan's twenty-year tenure as head of the Fed had a devastating and long-lasting impact on the nation's economic decline.
Economic Bubble
The housing-market bubble and the dotcom bubble both led to the 2008 financial crises...
This section contains 479 words (approx. 2 pages at 400 words per page) |