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Strategies & Market Trends : The Stock Market Bubble -- Ignore unavailable to you. Want to Upgrade?

To: Box-By-The-Riviera™ who wrote (1926)	10/5/1998 3:13:00 AM
From: Sun Tzu	Read Replies (1) \| Respond to of 3339

1865-1911 (some have broken it down to 1875-1914) was a time of great innovations and rising standard of living. Those same innovations caused excess capacity (hence the falling prices) but the people were generally fully employed and experienced "real" income increases (thus the rising standard of living). In short many social classes fell apart and the average man had good life, even though it was primarily a deflationary era. I have read a couple books on the time period but have not been able to find a book that describes it fully from a business->technology->new business->social changes perspective. Hope this helps. Sun Tzu