Thursday, January 28, 2010

Black Monday vs. Bankruptcy of Lehman Brothers

http://en.wikipedia.org/wiki/Black_Monday_(1987)


http://en.wikipedia.org/wiki/Bankruptcy_of_Lehman_Brothers



History repeats itself. do not you think?



Black Monday 10.19.1987

Market expected "Japan" to raise the rate of interest,

and 19 months later, May 1989, first raise the rate of interest



Bankruptcy of Lehman Brothers 9.17.2008

now Market expects "China" to raise the rate of interest.

and if it will be 19 months later China would raise the rate of interest, it would be April 2010!?