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Strategies & Market Trends : The Millennium Crash

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To: Arik T.G. who wrote (4018)3/18/1999 12:58:00 PM
From: Smart Investor  Read Replies (1) of 5676
 
Good point. The bottom line is that U.S. is repeating what happened to Japan in the 1980s. Remember people were saying the Japanese economy was invincible, and the Japanese stock market were going to the sky. Japanese were buying everything. Do we see the same thing in the current U.S. economy and stock market? I think that Mr. Greenspan will be eventually blamed for creating this bubble economy, and will be remembered for creating this bubble that will hurt the future generation and young people. I believe his legacy will not be so good if he does not do something to gradually poke this bubble and let the air out.
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