Thursday, November 18, 2010
The Bubble that Broke the World
I highly recommend that people read the book, "The Bubble that Broke the World". It was written in 1931 and published in 1933. It is available online for free as a PDF. There are many similarities between the bubbles, excessive debt, and international bailouts back then and today. It is a good book and helps in understanding what is going on today.