clintonomics: robert rubin greasing every whore on The Street. Period.
Well, they turned on the money spigot at the Treasury and flooded the marketplace with cash, made all the less expensive by pressing Greenspan to lower interest rates when the situation did not call for it. Kept the market booming, albeit artificially, for a number of years. We still have not paid the 'hangover' price that has to work itself out through the economy. But if you want to see the impact on another once powerful economy that implemented the same policies, check out Japan.