[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: Historical Question - about the 1929 market crash.



PureBytes Links

Trading Reference Links

As I read the papers and watch the markets, I am getting this sinking feeling
that everyone is pointing at Japan saying "if you don't fix it, we'll let your
economy sink" without considering that half the world is on the brink of sinking
along with Japan. I personally don't believe that the Japanese politicians and
society is capable of changing course quickly enough to avert a disaster - the
Japanese leadership has all courage of a deer caught in headlights.

Earl

-----Original Message-----
From: BrentinUtahsDixie <brente@xxxxxxxxxxxx>
To: Earl Adamy <eadamy@xxxxxxxxxx>; RealTraders Discussion Group
<realtraders@xxxxxxxxxxxxxx>
Date: Sunday, June 14, 1998 5:57 PM
Subject: Re: Historical Question - about the 1929 market crash.


>Australia was/is closely related to the price of commodities I don't know.
>I was thinking of the bank failures in Indonesia. Lets say that the
>situation over there gets worse and finally the second largest economy in
>the world(Japan) fell into depression. That could be the impetus for a
>world wide collapse. That scenario would be a sort of repeat of history