Watch Fri., Dec. 9, 2011 on PBS. See more from NEED TO KNOW.
Also see Paul Krugman’s ominous article on the growing divisions in Europe as faith in democracy wanes: Depression and Democracy. (thanks Chris)
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Cory’s Chart Corner
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Investor dollars and ignorance of history are a toxic combination. Have a plan and enjoy the ride!
BofA Global Research charted every market concentration peak of the last sixty years on a single line. They listed the Four largest bubbles. All in roughly the same 40-44% concentration band.
We just printed the fourth one.
Source: Bank of America
