Expect people are going to talk about this like they do some of the madder scenes from the World Wars. Can you imagine what it would have been like in the siege of Leningrad? Fighting in the mud fields of Paschendale? It's funny--you read these stories . . .
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i did last week it was less than reassuring - more parallels with the current situation than expected, and he ends reflecting on the fact that people think nothing like that will ever happen again, but that it's only a matter of time. similar tone to this thread
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he also casually mentions in passing that contra the pollyannas of the day, another market collapse was inevitable this was mid 2007
End of conversation
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