Worldwide crash

Now that the spaghetti has hit the fan in terms of stock indicies worldwide, what should we do?

Luckily, I didn’t throw away the doom and gloom literature covering the last decade. Among my book collection, I found Ravi Batra’s Surviving the Great Depression of 1990 and Robert Prechter’s Conquer the Crash (2002). Both books, in hindsight, were premature. Maybe now with shredded spaghetti flying around worldwide, the books are more timely.

Surviving the Great Depression of 1990

Conquer the Crash

This week, I’m reviewing the two books with a view to comparing some of their advice as to “what to do now”, leaving aside their theories as to why and how much spaghetti has hit the fan.

...continued tomorrow...

Copyright 2008 Raymond T. Lee. All rights reserved.
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