
11-27-2008
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Courtney the Dancer
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Join Date: Nov 2000
Location: San Juan Islands., WA, USA
Posts: 2,607
Rep Power: 12
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There is a great old book called "Popular Delusions and the Madness of Crowds", examines financial boom/busts through the ages. GW could be added as the next chapter IMHO if it was strictly a financial delusion. It's interesting how if something is believed and promoted by a "reputable" person, others tend to follow without doing their own investigation of the "facts". From there it's just the snowball effect, until, of course, reality takes hold and it all melts away.
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John
SV Laurie Anne
1988 Brewer 40 Pilothouse
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