Blog > Archive by tag 'great depression'
“It’s not a good sign when the (Dow Jones Industrial) index breaks down this way.” — Richard Russell, Dow Theory Letters
Blogger’s note: According to Smart Profits Report Managing Editor Martin Denholm, the U.S. economy won’t find a bottom anytime soon. We may have gotten past the first half of 2008 without a complete [...]
“Although Bernanke may have spent much time studying the Great Depression, his understanding of it is anything but sound. That epic “slowdown” resulted from a series of policy mistakes, first by the Federal Reserve and then by the Federal Government. Bernanke believes these mistakes were simply not large enough.” — Peter [...]