2002-07-23
The question inevitably arises whether a similar cycle of speculation and collapse to that of October 1929 could occur...J.K. Galbraith, writing about the 1929 crash.
The time to worry will be when important people begin to explain that it cannot happen because conditions are fundamentally sound.
Our economy is fundamentally strong. This economy has the foundation for growth so that people who want to find work can find work, so entrepreneurs can flourish.President Bush, speaking last week.