Friday, October 24, 2008

Happy 79th Anniversary – Not

Oct 24, 1929: Wall St crash

Today was the 79th Anniversary of Black Thursday, and will it be followed by another Black Monday. This time it appears that citizens have borrowed too heavily to invest in property the last paragraph says it all, just swap a few words.

Posted by enuii @ 10:51 PM (585 views)
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One thought on “Happy 79th Anniversary – Not

  • planning4acrash says:

    Its the derivatives! I am sick of the general public being blamed. The main cause of the crisis is the fraudulent derivatives bubble. But its so convenient for newspapers and their corporate sponsors (jointly responsible for the crisis) to blame their readership, yet their readership, dumb as a 9 inch nail, buys paper from the liarbags. CRAZY!!

    It really is an abusive relationship. Stockholm syndrome everywhere!

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