1929-1939-Great Depression–Hoover wanted to basically let the issue correct itself by market forces and time, FDR initiated tremendous stimulus never seen in US history–
Some even claim the New Deal prolonged the agony–We really cannot solve that argument—
What really pulled us out was WWII–nothing stimulates your work ethic like a threat to your very survival-!!-
End of [...]
What financial problems! Rich are getting richer all the time.
Examples:
-Sales of private Jets costing $50Mill+ are at all time highs this year.
-Sales of home costing $20Mill+ are going just briskly.
-One of the Google management just bought a $30Mill mansion with a $15Mill Yacht that has 8000 Sft of plush space.
-One of the Silicon Valley VCs [...]
Gold price volatility surges in first quarter: WGC
By Polya Lesova, MarketWatch
Last Update: 4:51 PM ET Apr 22, 2008
NEW YORK (MarketWatch) — Volatility in gold prices soared to a quarterly peak in
the first quarter of this year, when the precious metal surged to an all-time
high over $1,000 an ounce, the World Gold Council (WGC) said in [...]
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