Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Elroy Jetson who wrote (55284)	11/1/2004 4:56:45 AM
From: Snowshoe	Read Replies (1) of 74559

>>Those who pay the price for this are not those in debt, but those who saved.<< Elroy, Would you care to expand on that? Seems to me that folks lost money when banks failed in the thirties, but U.S. government bond holders did OK. -Snow

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