Zeev's Turnips Patch-No Politics (ZEEV)

[shoreco]

>> Very few people traded back in '29 and margin rates were something like 5-10% <<

While few were trading, I believe margin debt was near 50% and then add the fact that the "stock markets gains" were feeding the economy...

This was the fuel to the Great Depression...

If Real Estate didn't surge like it did after the March 2000 bust, we just might of had another disaster on our hands...

Do some research on the roaring 20's and you'll see a very similar pattern as the mid- to late 90's...

10 grand made you a millionaire in a very short time...