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The United States lived on borrowed money for too long, inflating its financial sector unnecessarily and neglecting its small and mid-sized industrial companies.

Wolfgang Schauble
Long, United States, Financial
"Interview With German Finance Minister Schauble: 'The US Has Lived on Borrowed Money for Too Long'". Interview with Michael Sauga and Peter Muller, www.spiegel.de. November 8, 2010.
The United States lived on borrowed money for too long, inflating its financial sector unnecessarily and neglecting its small and mid-sized industrial companies.