Financial Crisis

What we are facing today and will face tomorrow is nothing new to this world.As our financial markets has been through numerous such finacial crashes and down turns in the past(1929,1987,1990,1995,2001).The only thing that differs it that we were not a eye witness to what has happened in the past.
As per my understanding, this will also pass by though not so stealithly.These times are testing times when we need a good amount of patience and innovative approach.But why do we or for that matter the financial history keep witnessing such down turns and crashes,first reason might be the very obvious law of gravitation, what goes up has to come down and the second might be that once the bad times are over, as a nature of human psychology we tend to forget bad things (don't tell me that human learn from there mistakes) and start moving at even faster pace.

So what can be predicted is even a steeper rise once this phase is over and again a sharper fall,say a crash of 2020 after a rise in 2012,if we don't put mearures in place because as I say that we should learn from our mistakes but we don't do that until there are laws to enforce them.

Money works as a lubricant in the finacial machinary of the modern economic systems.And when we talk of free economies,booms and busts are a key ingredients of the broth.Those of us who are allured by this broth garnished by BOOM and pop up uninvited for "the free lunch" have to pay heavy price for what WATER when our mouth is full of those underlying black pepers of BUST.

So Keep watching and keep "LEARNING"