From Fabius Maximus
"In 2000 America stood at the top of the world. Economically vibrant, the Federal budget in surplus, the world’s hyperpower in both technology and war. The tech bust, recession, and 9-11 ruined those delusions. Our corporate accounting revealed as bogus, our investment banks as fraudsters — and our assumption of invulnerability shattered. In response we panicked — abandoning both economic prudence, our traditions of liberty, and rational foreign policy.
Why so many mistakes? We fell from grace, becoming just another great power. The shock broke us, and we took refuge in dreamland."
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