Echoes of a Dismal Past
How does the current financial crisis compare to the Great Depression, and has the government learned the lessons of the 1930s?
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Source:
Echoes of a Dismal Past
NYT
http://video.nytimes.com/video/2008/10/08/business/economy/1194822635827/echoes-of-a-dismal-past.html
Saturday, October 25, 2008 | 03:00 AM | Permalink
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I don't know much about the depression, but the emerging markets is very shaky now. Possibly hedge funds are withdrawing their foreign deposits from 3rd world markets. Hungary, Argentina, Turkey etc are feeling the pinch. The dollar shoot up in Turkey 10% in a few hours this morning. Same expected in Hungary.
Posted by: ali saygin | Oct 22, 2008 3:41:56 AM
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