Value Investing News

There is a lot of talk these days about an upcoming great depression, similar in magnitude or even more serious than the one the world experienced in 1929. While this cannot totally be ruled out, in my opinion, the current economic and financial malaise will be classified by historians as a panic similar to the Panic of 1907 and not the Great Depression of 1929.

• http://barelkarsan.com/2008/10/panic-of-2008.html (12)