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RE: 1929 Wall Street crash - today looks scarily similar

in #markets7 years ago

Maybe there are some similarities to 1929 in graph. But the easy money (lone) is not so easy to come like it was in 2008. Since this banking crises banks do not lone money to everyone without a thorough check-up so in this regard is little to fear I guess. Besides the economy now is too healthy for total crash. But also on this other hand this bullish trend cannot continue for ever so I expect that market growth will slow down. Anyway please comment if you have any other indicators that tell otherwise