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Sanity Claws

(22,415 posts)

1. Nothing new under the sun

Reply to HiPointDem (Original post)

Fri May 25, 2012, 09:45 AM

May 2012

The more things change, the more they stay the same.
Those who don't know history are doomed to repeat it.

These phrases sound hackneyed but reading this article makes one see the basis for them.

I'll bet all those pundits on television who were opining about the economy over the last ten to twenty years are totally unfamiliar with this history.

I know I never heard it before I studied US History.

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Highlight:

Securitized Human Beings: Exotic financial instruments, slavery, and the Recession of 1837 [View all] HiPointDem May 2012 OP

Nothing new under the sun Sanity Claws May 2012 #1

Not as nice a bubble as tulips. bemildred May 2012 #2

Thanks for posting. Bookmarking for later - n/t coalition_unwilling May 2012 #3

Thank you for posting Ian62 May 2012 #4

Nah, it's the level of knowledge of the person who wrote it. I ran aross it doing research on HiPointDem May 2012 #5