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Pastimes : Ask Mohan about the Market

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To: John Hunt who wrote (16503)9/24/1998 8:28:00 AM
From: John Hunt  Read Replies (1) of 18056
 
A refresher on the 1930s

economist.com

<< With investors reeling and recession on the march, thoughts turn to the Great Depression. Could it happen again? Maybe, if governments try hard.

FROM a distance of more than 60 years, it should be possible to view the 1930s objectively. What went wrong, how things were handled and how they should have been-all this ought to be understood by now, you might think. If it were, lessons could be drawn to guide policymaking in difficult times such as these. Unfortunately, it isn't. >>


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