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Non-Tech : Tulipomania Blowoff Contest: Why and When will it end?
YHOO 52.580.0%Jun 26 5:00 PM EST

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To: Daniel Chisholm who wrote (1632)7/1/1999 11:09:00 PM
From: bobby beara  Read Replies (2) of 3543
 
>>>Think about the attitude of Americans who were 10 years old or older in 1930, and therefore remember the 1930s first hand. Their attitudes towards savings, debt, stocks, and risk in general sure seems fuddy-duddy now<<<

Daniel, while the Kondrietieff cycle has been called by many an agricultural cycle, some have called it a generational cycle, where the current generation forgets the mistakes of their grandparents.

Now that average lifespans are around 70 and there is much action to repeal the Depression laws to keep separate, brokerages/banks/insurance, have we come full circle.

????

or do we have another new era -g-

bb
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