tag:blogger.com,1999:blog-3560999.post7852999278957085101..comments2023-11-03T11:28:11.033+00:00Comments on butzbe.blogspot.com: Jessehttp://www.blogger.com/profile/09889935573975290883noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-3560999.post-58091714507580050482008-10-21T12:52:00.000+01:002008-10-21T12:52:00.000+01:00Alan Greenspan posed the same argument in his memo...Alan Greenspan posed the same argument in his memoir. The savings of the East drowned the west with cheap liquidity which could very be the root of this crisis-borrowed cheap cash.<BR/><BR/>Nevertheless, it is true that events such as the AFC and the lack of a security blanket of unemployment benefits which increases uncertainty forces us to save more. <BR/><BR/>I doubt the crisis will worsen further given that all the governments are doing their best to prevent the financial institution from failing. It is far from over since the next correction would be the over heated economies of the east and west. <BR/><BR/>Anyway, its a good time to invest and learn some heart wrenching lessons...Desolationhttps://www.blogger.com/profile/06445595860359499703noreply@blogger.com