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Non-Tech : Predictions - 2003 -- Ignore unavailable to you. Want to Upgrade?


To: tekie2k who wrote (75)1/1/2003 5:32:51 PM
From: Big Dog  Read Replies (1) | Respond to of 96
 
<<i believe this fits better with what the market sentiment is. ie, a wave 4 down that is consistent psych wise with the great depression, but, again, this economy is hugely different than the great depression.>>

Some of the factors of the 1930's Depression:

tight money policies, tax increase

protectionism, trade wars

no oversight in stock market (low margin, questionable investment schemes), collapse of stock market leading to collapse in banks

severe drought in middle America

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