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good 2nd calls, except 6) ... 1987 was a bit technical actually, while we had 1998 (asia), 2000-2001 (dotcom/tech), and with those US twin decifits (currency/go
by teralaser 17y ago
good 2nd calls, except 6) ... 1987 was a bit technical actually, while we had 1998 (asia), 2000-2001 (dotcom/tech), and with those US twin decifits (currency/government) still out of whack, it won't take long for the next one. We only patched things very superficially.
- jacquesm 17y agoThat's true, but I think the current one will have much longer term effects in terms of banking reforms and that's what hopefully will stave off the next one for a long time.
- borism 17y agoI don't think 2007-2012 crash/depression has ended yet.
- gaius 17y agoI don't think the 2001 crash is over yet. The 80s and 90s both had bull markets, phases of "irrational exuberance", the 00s was missing one. Gordon Brown said he'd do away with "boom and bust" and it turns out he has, by eliminating booms...