Ok, five years of gains lost in Dow today.
In some sense, the Great Depression helped to form today's world and it run finely after WWII until, well recently, at least for the Western World.
Should we let the world fall apart and rebuild a new one or we would rather try to find a easy way to solve the current crisis and wait the next crisis to come around 5-10 years.
Magnus: China Must Reform or Bust - China's debt markets are looking more and more like the West, circa 2007. And it's not clear the government can intervene as successfully.
1 hour ago