Fear of Depression vs. Fear of Missing the Rally
October 16, 2008
The Sovereign Society submits:
By Karl Weber
The Great Depression vocabulary is growing by the day. Indeed, some of the similarities are uncanny. Excessive credit arrangements in mortgage markets were arguably the prime cause for the Great Depression of the early 1930s. At the time, general debt levels had risen sharply.
Fear of Depression vs. Fear of Missing the Rally
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