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A market is like a forest and a market crash is like a forest fire. In order for the market to grow and be healthy in the long term, a purge every now and then
by meri_dian 9y ago
A market is like a forest and a market crash is like a forest fire. In order for the market to grow and be healthy in the long term, a purge every now and then is necessary.
- turc1656 9y agoAre you paraphrasing Batman Begins? If not, that's an amusing coincidence. "When a forest grows too wild a purging fire is inevitable and natural"
- PoachedSausage 9y agoLast time round (2008) we deferred the purge, when you do that the next forest fire is potentially even bigger.