Economic historian Phil Magness says cotton, while significant, peaked at only about 6% of U.S. GDP and was not large enough to drive overall economic growth. He adds the pre-Civil War South still lagged the North on most economic measures.
published
Economic historian Phil Magness says cotton, while significant, peaked at only about 6% of U.S. GDP and was not large enough to drive overall economic growth. He adds the pre-Civil War South still lagged the North on most economic measures.
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I sold the $META $655 Puts 9/25 for $7.60
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