by Roman on March 12, 2009
The current financial crisis has brought trouble to families from USA to Asia. As always the rich are getting off the hook by getting bailed out by the government while the middle class and the poor are the ones taking the full hit. Foreclosure rates in USA are up 30% compared to last year and [...]
by Roman on November 21, 2008
Below is a graph of all the major stock market collapses in the 20th century – starting with the crash of 1929 and the Great Depression and finishing with the bursting of the .com bubble in 2000. The graph shows that the usual bottom of a bear market has been about 50% lower than the [...]