The main reason for the crisis in messy, swirling, enormous development of the private international financial market. The crisis of 1907 came to an end of an experiment in financial innovation, which saw the formation, in the major countries, with huge private banks, which overshadow the power of issuing banks and answered only to themselves. The large financial institutions became able to move capital from one part of the world as soon as possible, thanks to the introduction of new technologies: the underwater telephone cables.
you remember anything? It 's just a small consolation, but as you can see in the top 10 worst years, in the last 100 years we can say that he saw one of the biggest bear markets, and all in all we are, or at least I'm pretty good and in tranquillo.Però years to come there should be nothing more frightening!
The worst is over? I would not say the other 29 was followed by two terrible years, so I do not exclude a priori nulla.Stiamo see.
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