Think about that for a minute. The worst decade [the 70's] since the Great Depression, one defined by high prices, poor equity and bond returns, and an overall malaise led to the creation of four of the strongest businesses this country has ever seen and the dynamic industry that shaped the American economy over the past four decades.
It’s likely still too early to even be asking this question, but are we going to endure a repeat of the 1970’s? I don’t believe so, but even if we do, there will be opportunities to rise from the fall. There always are.
-Ted Lamade, from this post
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