Samstag, 1. November 2008

Hört auf Historiker

I am rather sceptical of these precise cycles, but the similarity of different crises, the big and the little, is undoubted. They give us the best indicator of what to expect next. Banking crises are followed by recessions. That is the history of the past and it is only too likely to repeat itself now.

Quelle: Economic Crisis Discussions in the House of Lords

Wer es noch nicht getan hatte, sollte sich schleunigst Galbraiths The Great Crash: 1929 kaufen …

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