Below are just pure data gathered from the web.
One can make his own judgement and decision…
And, for sure this time the scale and global coverage is much bigger than the previous ones!
How did the 2008 Subprime Bubble Burst Affect the World Market?!
One Bubble after another, one crisis after another...
Count for yourself, how many are fan out from Wall Street...
Do you believe these are accidental or carefully-engineered crisis?
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2 Comments->:
Each cycle is about 10 years, current market is overpriced, reasonable S&P 500 should be around 4500 vs 6800, but even there is crash, it should be recover in 10 years, another factor is gobal debt to GDP ration is 94%, with some countries like Japan 230%, Singapore 170%, 125% for US isn't that bad, too much money flooded to the market, they have to find a way to stay. -Jerry
Good day, Jerry
Well, during the 1950s, Detroit was one of the richest cities in the United States and possibly the world, serving as the epicenter of the American auto industry.And, what about now? Any chances for recovery?
UK? Rome? Recovery to the passed?
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