"1929
The end of the last long term debt cycle. Precisely where we find ourselves now."
Some tempering in my views expressed above having watched Alan Kohler's report tonight. Noting....
Following the 1929 crash, stimulus arrived in 1933.
Following this crash, stimulus arrived instantaneously.
https://mobile.abc.net.au/news/business/kohler-report/
"1929 The end of the last long term debt cycle. Precisely where...
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