The Wall Street crash of 1929 rocked America, leading to the Great Depression..
Photo: AP
Hat tip to GoldSilver.com.
Former Chairman of the White House Council of Economic Advisors, Professor Martin Feldstein, described a bleak scenario akin to the depressions of the 1870s or the Thirties. He warned that a decade of super-low interest rates and monetary stimulus by the US Federal Reserve has pushed Wall Street equities to nosebleed levels that no longer bear any relation to historic fundamentals.
Click here to read more.
Former Chairman of the White House Council of Economic Advisors, Professor Martin Feldstein, described a bleak scenario akin to the depressions of the 1870s or the Thirties. He warned that a decade of super-low interest rates and monetary stimulus by the US Federal Reserve has pushed Wall Street equities to nosebleed levels that no longer bear any relation to historic fundamentals.
Click here to read more.
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