LogFAQs > #167932

LurkerFAQs ( 06.29.2011-09.11.2012 ), Active DB, DB1, DB2, DB3, DB4, DB5, DB6, DB7, DB8, DB9, DB10, DB11, DB12, Clear
Topic List
Page List: 1
Topicits really crazy how similar the economy situation is to the great depression
red sox 777
08/04/11 5:20:00 PM
#23:


FDR's spending didn't really turn the economy around; it was World War II that did that. Also, here's the big difference between this one and the Great Depression:

Dow September 1929 Peak: 381
Dow July 1933: 41

Dow October 2007 Peak: 14198
Dow August 2011: 11384

So, we're about 20% below the peak instead of almost 90%.

--
90s games > 00s games
... Copied to Clipboard!
Topic List
Page List: 1