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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (21805)8/31/2007 2:09:30 AM
From: elmatador  Respond to of 218033
 
I witnessed 3 collapses: Asian Meltdown from my window seeing the smoke raising down town in 1998.

Brazil collapse that triggered the lost decade and the debt crisis in 1979 to 1983.

Siemens collapse that ended up with them basically paying for BenQ and Nokia buy their telecoms business.

All those 3 collapses I was an actor. I was not seating and watching.

In none of those cases there was anyone smart neither anyone with balls to stop, slow down, and revert. Because that's what is necessary to avoid collapse.

Collapse avoidance is not reverted. It has its own inertia. Slow down, stop then revert. That must be kept in mind at all times.