The year 1933 was one of the best years ever. Of course, the investor was well advised to take his gains off the table. Prices slipped in ‘34…bounced…and then fell apart.
December 18th, 2009 | Bill Bonner | 0 comments | ContinuedAll Posts Tagged With: "Bubble Period"
How Will the United States Finance the Biggest Deficit of All Time?
As a way for people to build wealth, this economic model of the Bubble Period was as ineffective as a bad banker. It was a ‘have your cake and eat it too’ school of financial success with an obvious flaw. People noticed it when the correction began.
May 11th, 2009 | Bill Bonner | 2 comments | Continued