In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497.
Warren BuffettRelated topics
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During a single week of July 1967, 164 Americans were killed and 2100 were wounded in city riots in the United States. We are truly fighting a two-front war and doing badly in both. Each war feeds on the other and, although the President assures us that we have the resources to win both wars, in fact we are not winning either.
J. William Fulbright