Tuesday, October 14, 2008

Great Depression Historian On The Daily Show



Oh, and the US is investing $250 billion into the banks and guaranteeing loans for the next 3 years. And the futures are ripping again.

Finally, here is a comparison of The Great Depression and The New Depression. One thing they left out... in The New Depression, the stock market rallies 1000 points.

6 comments:

Jorge said...

Did you catch the beginning where they made fun of Cashin? Too funny.

The DECABOX! Yes! He finally got around to it lol.

Dinosaur Trader said...

Holy fuck! They made fun of Cashin? I'm immediately de-blogrolling them.

-DT

Rob said...

hymmm...i wonder if the govt is going to let financial stocks slip any more now that they have a $250b stake in them???

Dinosaur Trader said...

Nice pullback in the market there...

Please, let this volatility continue until Thanksgiving, Mother Market.

And then, let's go up 100 points a day until Christmas, so that everyone can chill out.

That's my current market wish.

-DT

Rob said...

mine is to have 10% market swings until i retire (which would be at the ripe old age of 30 if that happened)

Dinosaur Trader said...

Rob,

Indeed. We'd all die of heartattacks.

-DT