Thursday, October 23, 2008

Gwynne Dyer - we are not heading into a second great depression

Gwynne Dyer has an interesting take on the global financial crisis

Punch line if you don't have time to read the article:  "Not the Great Depression, but the Reign of Folly."

Personally, I think this was a correction long overdue--and it will take some years to sort out before things become "normal" again. In the meantime more volatility means there hasn't been a better time to start dollar cost averaging for ages.

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