Larry, you said the '87 crash was a world wide event, so is the Sub Prime crisis. I agree, but IMHO the sub prime crisis is much worse.
Incidentally I wasn't blaming the '87 crash on Hawke/Keating (the opposite in fact)I was just responding to an absurd claim that the current market crash is the fault of Howard, made by the same people, no doubt, who blame Howard for every calamity 'under the sun'. These 'Howard haters' are so blinded by their hate they can't 'see the wood for the trees'. Let's face it, you never had it so good during the Howard/Costello years, unless you lived under a bushell or were one of the 'work shy'
The reason for the current market crash is the same as '87 greed, greed greed and yes, I admit, I am one of them and I was there in '87.
