In her studies of economic collapses around the world and throughout history, Carmen M. Reinhart, a professor of economics at the University of Maryland, says that the experts have consistently believed that what happened in other countries or at other times won't occur again.
Dramatic economic collapses in European nations already weakened and teetering?
Let's compare the records in the most important statistical categories of the two presidents who faced the worst economic collapses in the last hundred years.
Natural disasters and economic collapses and horrific gestures of inhumanity plague forgotten corners of this world every day, and most of them come and go with barely a whisper on social media, or ten dedicated minutes on news channels.
So long as the answer remains corporations' boards of directors and major shareholders (the status quo), current trends will continue until bigger economic collapses bring the system to self-destruction.
But it's doubtful that if 2002 is marked by more economic collapses that threaten global financial stability -- and thus America's own delicate financial health -- Mr. Bush will be able to afford such a hands-off approach.
