I find that to be a fairly accurate analysis.
I do have some doubts about the following point:

>The current global economic problem is different from
>the problem ......
What we are seeing now is simply a trend, much like trends we have
seen in the past and no doubt see in the future.
The same people who are panicking now are the same people who lost a
lot of money in Japan's real estate bubble and the internet bubble
because they invested too much.
My money is where my mouth is. I just put 13万 in the stock market
last week because I think everyone is blowing this whole thing out of
proportion and the fact that stock prices are hitting record low
prices is a good thing for people who think calmly and rationally.
I'm a contrarian and I hope to retire by the time I'm 40.

Regards,
William Taylor

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