We had a booming stock market in 1929 and then went into the world's greatest depression. We have a booming stock market in 1999. Will the bubble somehow burst and then we enter depression? Well some things are not different.
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Today if you look at financial systems around the globe more than half the population of the world – out of six billion people more than three billion – do not qualify to take out a loan from a bank. This is a shame.