Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Yes, the new model existed before, but it could only take over because of the opening provided by the collapse. Just like rodents coexisted with dinosaurs for millions of years but only took over 65Myr ago.

When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done. — John M. Keynes
by Carrie (migeru at eurotrib dot com) on Sat Jun 7th, 2008 at 07:11:59 AM EST
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