This post appears on Tao of Talani:
"Everybody Ought to be Rich" was an article published in August 1929, just before the beginning of the Great Depression in the Ladies' Home Journal by John Jakob Raskob. Raskob, a wealthy financier at the time, believed in the stock market as a viable means of wealth creation for everyone. However, the article is often seen as an example of irrational exuberance…
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Posted on February 13, 2009 at 4:53am —