Quote:


Ain't gonna happen. The loss of liquidity, while massive, isn't enough to send the world economy into the tank. A recession yes, a long-term depression, no.


That's what they said in the spring of 1930, after the market and economy had fully recovered from the 1929 crash. Then along came Smoot-Hawley...
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"If they can't picture me with a knife, forcing them to strip in an alley, I don't want any part of it. It's humiliating." - windsock