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By Stephen Dakeing
Rappahannock News Staff Writer
Economy
You could debate about when the economy started to slow, but there’s no doubt that it had a total meltdown in 2008, and that there was but one primary cause: greed.
Economists - rarely known for candid remarks - started calling the mess for what it was: an orgy of greed and investment schemes that haven’t been this outrageous sipce Carlo “Charles” Ponzi bilked millions from investors in a fraudulent postal "stamp scheme in 1920.
Here in Rappahannock, several businesses closed up in rapid succession: The Public House, Pellagatta’s Eatery, The Antique .Market, and other businesses announced foreclosures or pending shle including the Blue Rock Inn, and the Sperryville
Rappahannock News
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