This Chart Compares the 1929 Stock Market Crash and the Current Market - And It is Freaky
Michael Hausam | On 12, Feb 2014
Take a moment to compare this eerie chart of the 1929 stock market crash that launched the Great Depression and the current one:
Is the market primed for a massive drop? Are the recent gains subject to a similar catastrophic change? We can’t know, but maybe.
However, concern over the massive bond-buying by the Federal Reserve and the continued weakness of the job market are reasons to wonder if this might happen again…http://www.ijreview.com/2014/02/114510-stock-market-telling-us-crash/
« Last Edit: February 12, 2014, 05:58:20 PM by rangerrebew »
There is danger from all men. The only maxim of a free government ought to be to trust no man living with power to endanger the public liberty.
Public virtue cannot exist in a nation without private, and public virtue is the only foundation of republics. There must be a positive passion for the public good, the public interest, honour, power and glory, established in the minds of the people, or there can be no republican government, nor any real liberty: and this public passion must be superior to all private passions. John Adams