Gtarras

Wrong Great Depression Lessons Will Haunt Equities in 2009

Proximo
I would not be so quick about declaring the author's knowledge as deep. I personally can not speak for all he areas the author puts his opinion forward on, but in the area of my expertise, the author is usually mislead and is misleading the readers. The area is synthetic credit (ie CDSs), structured credit (ABS, CDOs), and the area of banking affected by the above.

There is always a group of people around what I call "clever fools". These folks sound smart (and they are smart), and can logically argue their views, but the specialists would always see deep flaws in their logic. for they lack the experience.

My opinion too. Could be wrong. But. For what its worth.