Analyzing the Economic Crisis: Government Intervention and Misaligned Expectations

December 5th, 2008. Peter Thiel says the U.S. may be facing several years of slow growth or stagnation. However, in a globalized and very competitive world, there are surprisingly big constraints on political action that can lead us toward being less capitalist and less competitive. In short, we will compete, although it will be an increasingly difficult slog unless our technological means elevate dramatically.

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