Too much like 1929

[billhill]

I stumbled on this just now and having read the previous posts on this thread thought it was relevent to the increases in asset prices preceding a big bust.

Not related to 1929 but probably the closest event to occur since in the japanese asset bubble and subsequent deflation.

Pretty eye opening when you consider we're now higher then japan ever got.

Sorry guys I don't know how to shrink the image.

 

[vishalt]

wow really..

the market goes down, suddenly everyone is out of the closet and saying its the end

the dow and s&p 11,000 to 14,000, and 4800-6500 respectively in 52 weeks, the markets go down too you know D:

 

[Smurf1976]

I don't have a link but there are plenty of rumors circulating about one or more European banks literally going broke. I'll post a link if I can find something credible.

I tend to believe there's a problem given that central banks seem to be involved in a bailout of some sort according to various mainstream media reports.

Also, we seem to be hearing of more problems practically every day now. That's not a good sign...

 

[vishalt]

yeah the euro banks are crippling on their double digit growth :O