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Why a country can be rich on paper, but feel poor in reality

The David McWilliams Podcast

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The Fourth Turning

The fourth turning is when history repeats itself in these cycles of between 80 and 100 years, called some seculars. The idea is that every cycle goes broadly in a similar fashion. We live through the same historical period, but we experienced it in a profoundly, profoundly different way. And therefore have a different attitude towards it.

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