ejmcclary

This Time, We'll Learn the Lesson

This time we will learn? If that was ever going to happen, the 30's would have been the time. We only learn enough to make a collapse happen in a differint way than the last one did. I am struggling to even find a point in this lengthy article other than the economy will one day recover after a massive correction. Most people think it will recover including me, since we have learned enough from the 1930's to prevent a complete crash, however I would not be suprized if the S&P 500 sank to 400 before that happened. There is no question about this becomming worse than the crises of 2002. Whatever happends, inflation may go sky high as the government prints out more money to throw at the fake money; but we will still have a stock market.