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The Depression 2008 vs. the Depression 1929

Started by morganb · 7 months ago

The first Great Depression started with the October crash of 1929, but the market didn’t hit bottom until 1932. So far in 2008, the market hasn’t crashed; however, this year, similarly, will mark the end of an economic up-cycle, and that’s putting it mildly. The Dow is down 46%, falling unrelentingly from the peak of [...] ... Continue reading »

2 comments

  • doug r

    7 months ago

    My car's paid for. I think it works out better to keep it.
    reply
  • Fielding Mellish

    7 months ago

    Don't forget about the risk from an elctromagnetic pulse attack, which will set the US back 100+ years technologically and probably bring about mass starvation (and possible deaths by freezing).
    reply

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