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  • 2009 Depression Will Be Nothing Like 1929 [View article]
    This has to be the silliest article ever on SA.

    "The differences between now and then are vast:

    1. We are in a global economy."

    Globalism is a fraud...and has helped bring DOWN this nation.

    " 2. We have the computer, incredible technology and the ability for instant communication.
    3. We have the internet, the single most powerful business tool. Bears, put that in your pipe and smoke it."

    Which are ALSO incredible time wasters. Net neutral, IMO.

    " 4. We have the knowledge and ability to learn from the last economic debacle-history has basically made us smarter."

    Apparently not!!! We are repeating the same Keynesian mistake.

    " 5. Margin buying power leverage of ten to one has been reduced by 80%."

    Huh? It's clear you have ZERO idea what is going on, and what is STILL out there!!!
    Mar 06 16:04 pm |Rating: +5 -6 |Link to Comment
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