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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: elmatador who wrote (12214)12/28/2001 10:36:56 AM
From: smolejv@gmx.net  Read Replies (1) of 74559
 
>>There is no way a novel screw up...<< the ponzi scheme of credits, with foundations in the MM-generated money, is definitely something new.

>>Like in chess<< ... there's some new figures in there too - take any pick from The lord of the rings - and the board is decidedly, if not bigger, then at least heavier.

Still: greed is still pumping through the system. And we dont want to learn from past mistakes, so we may have to repeat them (Santanayana, abridged)

dj
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