if u study finance history, u know depression will not

come by definition. The reason for 1929's depression is gold based currency system, and we do not have it any more. Also we are lucky to have 1987 finance crisis already happened as our guide for this crisis. I am not saying that 1987 is the same in nature and scale as this time, but they are very similar.

My opinion is that liquidity crisis is easy to solve, just print more dollars, but inflation problem and resource supply problem are hard to solve.

所有跟帖: 

同意 -miat42- 给 miat42 发送悄悄话 miat42 的博客首页 (0 bytes) () 09/18/2008 postreply 14:54:33

请您先登陆,再发跟帖!