My conclusion after reading this: Let all bears come up with solutions. The case closed for now.
One thing is that we imported too much goods and exported jobs to overseas under the motto of "free trades" while US was acting as the world political watcher - babysitting the world problems.
I leave Dr Bernanke alone, it is too late for quick fixes.
Dilemma: Someone can make good sense out of all these. What would he say and what has happened during 1980-1992 skyrocketing debt growth, a consequence of the Vietnam war expense?
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