GFC vs the Great Depression

Here’s a picture that scared me quite a bit. Look at the trend between the Great Depression and the current financial crisis. I had started to buy into the idea that it had bottomed out, but now I’m more wary. Give it six months and we should know.

Advertisements

One thought on “GFC vs the Great Depression

  1. Very interesting Thomas. I suspect we may well be in need of some more stimulating…….. Either that or the conservatives may institute some good old Hooverian spending policies to accelerate the decline!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s