80th Anniversary of "The Great Crash" today

Discussion in 'Chit Chat' started by Dogfish, Oct 29, 2009.

  1. Dogfish


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  2. Dogfish


    All down to GDP as to whether history repeats itself :D
  3. There are some striking parallels.
  4. Another poster listed two differences: mountain of derivatives that did not exist in 1930's and debtor nation status. Ominous.
  5. mountain of derivatives that did not exist in 1930's

    Prior to the cash people were margined 90% in stocks, derivatives may not have existed but are leverage.