'Some people are saying: today the crisis will be even worst than in 1929.Well, the difference is that in 1929,the managers jumped out directly throught the windows, while today they jump with a parachute' ;-)'
The Great Crash was also a name for the swindle by Jewish bankers (they were 550 of 600) in Bismarck Germany, 1866. They induced people to buy stock, then they closed the credit lines, forced the stock to plummet and bought cheap. The depression that ensued lasted a decade long. See what to expect now?
and the market will crash again leading to yet another great depression. Look where capitalism has gotten us! We need a serious change in culture and hopefully 2012 will bring this to us.
It will never be as bad today because , for example ,back then people would starve, but nowadays that wouldn't happen
theotherguy245689 5 months ago
'Some people are saying: today the crisis will be even worst than in 1929.Well, the difference is that in 1929,the managers jumped out directly throught the windows, while today they jump with a parachute' ;-)'
The golden parachute.
Le parachute doré...
toutestbeau 3 years ago
The Great Crash was also a name for the swindle by Jewish bankers (they were 550 of 600) in Bismarck Germany, 1866. They induced people to buy stock, then they closed the credit lines, forced the stock to plummet and bought cheap. The depression that ensued lasted a decade long. See what to expect now?
pjperalta 3 years ago
See zeitgeist...
Pedlaj 3 years ago
and the market will crash again leading to yet another great depression. Look where capitalism has gotten us! We need a serious change in culture and hopefully 2012 will bring this to us.
endlessmountain 3 years ago