Friday, September 7, 2007
It’s worse than that it’s dead Jim
Greenspan needs glasses
This is an interesting reply to Al's recent observations. The article says that this bubble is far worse than the last two and comments on the US unemployment figures.
Posted by crash bandicoot @ 10:52 PM (707 views)
3 thoughts on “It’s worse than that it’s dead Jim”
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Crash Bandicoot says:
They have some funny videos on this website too.
There is also some funny stuff at
http://traderslust.wordpress.com/
but it has some swearing so grown-ups only please.
sold 2 rent 1 says:
“The behavior in what we are observing in the last seven weeks is identical in many respects to what we saw in 1998, what we saw in the stock market crash of 1987, I suspect what we saw in the land boom collapse of 1837 and certainly (the bank panic of) 1907,” Greenspan said late Thursday, according to the online report.”
There we go – 6-7 years after a MAJOR stocks peak we have a MAJOR credit crunch
stocks peak – credit crunch
1901 – 1907
1029 – 1937
1966 – 1973
2000 – 2007
sold 2 rent 1 says: