Re: [mukto-mona] Re: The lessons from Great Depression and Great Recession

So, illegal greed of cheating the market is good and must be encouraged? Because that makes some greedy bastard winner? Subprime mortgage crisis was a legitimate game when big players knew the game's result and sold the products to their innocent clients with very predicted results?? Do you know that 2008 crisis could have killed the whole US economy unless the crooks were bailed out by US government? Talking about loser? Wasn't that a loser' game? Market should have some rules. Otherwise, we all can be taken for a ride and start again again from the zeroes. I do not think so and that is not capitalism. 

On Friday, October 13, 2017 10:36 PM, "Dristy Pat dristypat5@gmail.com [mukto-mona]" <mukto-mona@yahoogroups.com> wrote:

 

The truth is - failure is the pillar of success. And, the stock market crush is a part of the natural progression. It will happen again. When something grows out of bound, it will collapse, and start growing again until it collapses again. We have to churn through the choppy weather in between. That's natural. I believe that - greed drives the world around. The successful people are mostly greedy, and if you keep shunning your greed, the chances are that - you will end up being a loser.

On Thu, Oct 12, 2017 at 9:36 PM, DeEldar shahdeeldar@gmail.com [mukto-mona] <mukto-mona@yahoogroups.com> wrote:

 

Economy is rather a very imprecise subject with too many variables. You never really learn anything fro these two phenomena (or many more to come) except both were caused by reckless greed, lies and fraud. You simply do not know what Wall st. crooks are cooking now for the next crash or depression?

On Thu, Oct 12, 2017 at 5:58 PM, ANISUR RAHMAN <anisur.rahman1@btinternet.com > wrote:

The lessons from Great Depression and Great Recession

The lessons from Great Depression and Great Recession Two American economists, Olivier Blanchard (a former chief economist at the IMF) and Lawrence H. Summers (a form...

- AR

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Posted by: Shah Deeldar <shahdeeldar@yahoo.com>

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