If you're wondering how the start of the Great Depression stacks up to the current Recession, wonder no longer. Fair warning, this is a SCARY story. If you are already stressed or anxious today, leave it for another day.
At the same time, we must remind ourselves that while history repeats themes, it rarely does so with absolute fidelity. History loves variation. This means there is hope to produce a better result out of the current economic climate.
Tuesday, March 03, 2009
Horror Show: 1929 vs 2009
Posted by Nomad at 10:29 AM
Labels: depression, economics, economy, mortgagecrisis, recession
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2 comments:
Or it means that we can make the result even worse!
:D
yes... Let us be super achievers at this debt thing.
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