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Title: comparison of stock market 20 years on
Review: I was reminded of the movie Wall Street mentioned referred to when reading Liars' Poker a book about bond trading scams. I was amazed to see that another market crash, this time Prime Mortgage could re-occur there seems to be someone always ready to seize the opportunity to make a quick buck and not give a damn about the consequences. Just like Michael Douglas's character says "I just move the money around". Very compelling viewing and a warning to where you put your stocks and investments. Here in Australia the lending and valuation legislation is much tighter and harder to get a loan, although there are people now lending money to those who cannot afford it, Difference is the properties are not overvalued and the lending bodies just re-possess the property.
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