Friday, April 3, 2009

G20 Saves the World

Credit to Bob Prechter for pointing out similarities to the euphoric 1999 Time cover at the market top:

http://images.huffingtonpost.com/gadgets/slideshows/1305/slide_1305_19231_large.jpg



Add this December 2008 clip, as the UK's very existence teeters:
http://www.youtube.com/watch?v=7iPaiylUYW0

1 comment:

  1. FDR:

    Just like their previous "achievements" is it possible they can again delay this collapse for a few years instead of few months?

    Also do you think under government/private investment plan banks can launder all bad assets to a "bad bank" and eventually let government nationalize that bank?

    Always enjoy reading your blog. Thanks!

    ReplyDelete

The USA's political-economc system is best described as:

On Nov 2, 2010, I plan to vote (FOR or AGAINST) my incumbent congressman

 
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