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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: bentway who wrote (114963)4/4/2008 9:24:30 PM
From: patron_anejo_por_favorRead Replies (1) of 306849
 
>>But the NEXT Depression - can he see THAT? Things are WAY more complicated and globally intertwined now than they were then. I'm not sure ANYBODY has a handle on it.<<

Ah, there's the rub Stanley...the next Great Depression will only faintly resemble the last one (as far as proximate causes). Measures to correct the last may well precipitate the next. That's where Bennie will screw the pooch (along with all of the rest of U.S........)

He'll end up eating crow, but it will taste remarkably like Black Swan......
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