Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Ilaine who wrote (29445)	3/4/2003 4:21:08 PM
From: Mike M2	Read Replies (1) of 74559

CB "The length and severity of depressions depend partly on the magnitude of the 'real' maladjustments, which developed during the preceding boom and partly on the aggravating monetary and credit conditions." - Gotfried Haberler, Prosperity and Depression, 1937 from Pru bear site sounds like Buffett today

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