Mish's Global Economic Trend Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: mishedlo who wrote (9371)	7/16/2004 9:44:28 AM
From: Perspective	Read Replies (9) of 116555

Anybody got source for 1920s-30s reading on the European link to the Great Depression? I was intrigued to learn that the period featured an empire past peak (Britain/France) running huge deficits to an up and coming power (U.S.) complete with currency flow sterilization by the upstart power, sub-zero interest rates, and resulting asset and debt bubbles in both the old and new empires. Swap Britain/France for the U.S. as the past-peak empire, and China/Japan as the upstarts and history is rhyming pretty well. So I'm curious as to how the whole period played out vis a vis the timing of asset bubbles in Europe vs. the U.S. Seems to me that the trigger the last time 'round came when the upstart power (U.S.) had its asset bubble burst, toppling the debt bubble in the old empire. If history rhymes that well, one would expect our debt bubble to hold together until the asset bubble in the upstart (China) comes unglued. I would love to see charts on asset prices in U.S. vs Europe from the period, along with interest rates, currency levels, and debt levels. Anybody got any good sources? BC

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next