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If depressions are such a great buying opportunity I guess we should be hopeful for a depression. Mild recessions are only good because they tend to bring to light the excesses of a up market and bridles the level and extent of corruption. Clearly we needed a recession because corruption apparently has been very unbridled.
Jan 07 12:08 pm
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All Comments by Moon Kil Woong »Are Recessions Really That Bad? [View article]
Personally I'm sick of traders claiming recessions are great because you get to buy cheap. Really, you got to ask sometimes, do they have a conscience? When the bricks start flying through their windows will they still think it's suck a great thing.