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IPFS News Link • Economy - Economics USA

Dead Cat Bounce

06-07-2009 • arclein

What makes me most nervous is that the general behavior of the markets are eerily similar to the 29’ crash and the same time functions are in place. It is only nine months since the actual break took place. In roughly the same time period, in 1930, the markets recovered somewhat and trade also. It really was a dead cat bounce that merely punctuated the ongoing economic decline that rolled on for a full two more years until late in 1932.

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Reported By robert klein

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1 Comments in Response to Dead Cat Bounce

Comment by PureTrust

Entered on: 6/9/2009 4:07:03 PM

Remember, the crash of '29 was orchestrated by the banks, as a maneuver to help take over America. This one is to push for a global currency to take over the world.

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