TITLE

Got some 'splaining to do

AUTHOR(S)
Ruigh, Dave
PUB. DATE
June 2009
SOURCE
Liberty (08941408);Jun2009, Vol. 23 Issue 5, p11
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The author anticipates the elaborate explanations for the poor performance of the capital markets. He declares that the economic woes of the '70s may be less severe than today's crisis but they were spread out over a decade with cumulative effect and enduring damage to the economy at par with this depression. He adds that there may be no correlation between the War on Terror expense and the housing bubble, but a stress on one part of the system may have profound effect in seemingly unrelated remote component.
ACCESSION #
39750060

 

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