These very interesting articles address psychological elements in
boom-bust cycles which are overlooked in Austrian theory, but which look
relevant and real.
At Christmas time we should always spare a thought for those less
fortunate than us. After 20 years of bleeding the world, the global
financial community has fallen on hard times. These people desperately
need our thoughts, prayers and lots of our money. If you have any
investments or savings left, or any money left over at the end of the
month please, please give generously. Merry Christmas.