Posted inNational Four Bad Bear Markets Posted by By nemski February 24, 20094 Comments Click on the image to view the larger and more readable graph. Courtesy of dshort.com. nemski A Dad, a husband and a data guru View All Posts Post navigation Previous Post Ironic Thought of the DayNext PostCredit Where Credit is Due: Mike Castle At White House Summit
A nemski February 24, 2009, 11:02 am The sad thing with this graph is that I distinctly remember 3 of the 4. Wasn’t alive for the first.
jason330 February 24, 2009, 11:02 am Wow. The market lost 89% of its value during the Great Depression. I had no idea it was that bad.
Perry February 24, 2009, 12:02 pm And we seem to be right on track to repeat it. This is why smart gargantuan efforts for recovery are needed. The GOP disagrees! They have no clue!!
Unstable Isotope February 24, 2009, 1:15 pm We’re definitely at #2 worst. Hopefully we won’t reach the depths of the Great Depression. At least we haven’t had years of inaction like then. nemski, How do you feel this downturn compares to the others you’ve experienced?
The sad thing with this graph is that I distinctly remember 3 of the 4. Wasn’t alive for the first.
Wow. The market lost 89% of its value during the Great Depression.
I had no idea it was that bad.
And we seem to be right on track to repeat it. This is why smart gargantuan efforts for recovery are needed. The GOP disagrees! They have no clue!!
We’re definitely at #2 worst. Hopefully we won’t reach the depths of the Great Depression. At least we haven’t had years of inaction like then.
nemski,
How do you feel this downturn compares to the others you’ve experienced?