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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Tommaso who wrote (90874)1/27/2008 3:43:42 PM
From: glenn_a  Respond to of 110194
 
Thanks for the link Tommaso. Fascinating stuff.

((The failure of the Creditanstalt bank in Vienna in 1931, eighteen months after the stock market crash began, seemed to be the beginning of the most serious credit contraction.))

I seem to recall that was a pivotal event - that rippled throughout the global financial system of the time. Time to revisit some history books methinks.

Nothing like living history "in real time". :)

g