in year 2000,
1. Fed didn't step in;
2. No bank went bankrupt.
in year 2008, Messy Wall Street results in 股灾+房灾 big time ever.
It is worse than that, I would say.
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Agree, it could be worse than 2000.
-miat42-
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09/17/2008 postreply
09:17:29