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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Tommaso who wrote (15991)1/3/2009 10:50:51 AM
From: axial  Read Replies (1) | Respond to of 71463
 
"But I also think that if the Greenspan Fed had not jumped in repeatedly to stave off both real and imaginary previous crises and contractions, the whole system would at this point be more stable."

Agreed! We can dig pretty deep and go back a long time, looking for contributory factors in this mess.

Part of the problem is that mankind keeps repeating the same mistakes:

The Unwisdom of Crowds

Message 25285557

Jim