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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (111250)	9/15/2018 9:25:42 AM
From: robert b furman	Read Replies (2) \| Respond to of 223348

Not sure if you've seen it, but the Bloomberg show on Hank Paulson and the credit crisis in 2008/2009 is really a nightmarish recall of what a stock market crash is really like. Weak banks dropping like flies. It's easy to think that a credit crisis and a recession are the same thing. Recessions you can live through and are caused by higher interest rates. Credit crisis is when one bank after another goes broke and a systemic collapse becomes realized. We certainly lived through a historic time! Let's not do that again. Bob