Thursday, April 2, 2020

Cause(s) for the recent market crash eludes most

Already, the actual cause(s) for the recent market crash eludes most, thus recorded in such ways to ensure future generations to repeat the same goddamn mistake (see link below).

First, please note the inaccurate account of the 2020 market crash. No mention of the preceding 12-year bubble per US government's excessive expenditure, combined with and enabled by the Federal Reserve's monetary expansion at a record breaking pace...until now.

Second, then note the completely missing market crash immediately post-First World War, thus ask yourself why would it be missing, then for the answer I strongly advise reading James Grant's book "The Forgotten Depression - 1921: The Crash That Cured Itself". It would be foolish for me to inadequately explain in online-comment form what is extensively even eloquently described in this book.

https://en.wikipedia.org/wiki/List_of_stock_market_crashes_and_bear_markets

Come let us Reason (Is 1:18). Peace is always a Choice (Mt 5:9).
Study, Ponder, Labor, till last Breath (2 Tm 2:15 / Cl 3:23).

No comments:

Post a Comment