PRE-POSTSCRIPT: The cure has been found for wild financial market behavior: estrogen. Seriously: that, plus some old guys.

And why do these financial crashes seem to happen in the autumn? Is it the falling leaves, perhaps? The end of summer and intimations of mortality?
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I mean, do you remember where you were in October 1929?

The Brits usually do this better than we do: some comic relief while the financial crisis continues to lurch forward. It's impossible to get through these things without some gallows humor.

There's no stopping Biden's gaffe-o-matic:

When the stock market crashed, Franklin Roosevelt got on the television and didn't just talk about the princes of greed," Biden told [Katie] Couric. "He said, 'Look, here's what happened."

'Cuz when the stock market crashed in 1929, FDR had already become president, and there was a television in every living room -- really :) There's a real point there, somewhere: the level of political eloquence and plain-speaking has, on the whole, dropped noticeably since then. And it's not a forte of our current president or, actually, almost any of our current politicos.

But this brings up a more serious point. Another one of those encrusted, hoary myths is that the 1929 stock market crash "caused" the Great Depression ....

Read more of this post at Kavanna ....