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TOPIC: Globalisation » Economy » Finance » Markets » Stocks
Category
quotes
Date
1999
Actor
Sachs, Jeffrey
Source
PBS
Uploaded date
2009-09-29
Uploaded by
Ingvar Örn Ingvarsson

Will the Bubble somehow Burst

We had a booming stock market in 1929 and then went into the world's greatest depression. We have a booming stock market in 1999. Will the bubble somehow burst, and then we enter depression? Well, some things are not different.
Jeffrey Sachs
American economist and Director of the Earth Institute at Columbia University, in an interview with PBS.

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