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Cool blog: News from 1930

Posted: Thu Sep 03, 2009 11:58 am
by annarborgator
Each day the guy reads the WSJ from the corresponding day in 1930 and posts summaries. I liked this catch, from the "Strangely familiar dept":
There's a large amount of money on sidelines waiting for investment opportunities; this should be felt in market when “cheerful sentiment is more firmly intrenched.” Economists point out that banks and insurance companies “never before had so much money lying idle.”
http://newsfrom1930.blogspot.com/2009/08/favorites-of-week-august-25-august-30.html