Every new thing I learn about the 20's makes me even more pessimistic than I have been about our near to medium term future.
That's right, kids - I have been growing ever more pessimistic for the greatest part of a decade.
Here is information on Sophisticated Financial Securitization, back in the 20's.
So, once again, we are SO screwed.
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/tny_au_xx_usoz_4.gif)
Re: Tool for Creating Themeless Stacks?
2 hours ago
2 comments:
Thanks for the reference.
I've been documenting the 20's financial history in a desultory fashion for years now hoping that other blogs would pick up on it and help get the word out to the vasty unread.
It puts a fine point on the argument, don't you think?
S
Yup. I've only been at it pretty recently. The parallels are not exact of course, but there are enough of them to make it very scary.
Thanx,
JzB
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