A sample size of one comparison is statistically worthless
1929 vs. 2008
- Thread starter Pekelo
- Start date
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True & a good stat point.
And bear market downtrends[1900-now ] ;
provide plenty of good reasons that trends are friends .
Not a prediction;
surely not an exact prediction
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And while we have FDIC now, food stamps, extended-employment insurance, they didnt have those in 1929 .
But on the downside;
we have much more concentrated /fragile food & fuel systems, ---------------------------------------------------------------------------------more bear data,
war & weather, are bigger threats,
''victim/panic promoting media'' are a bigger threat.[They hyped global cooling in 1970's, CNBC called bird flu a epidemic years ago, possible, but highly improbable.................]
Good news is global warming is not a threat;
but bearish ,because mr McCain ,Mr B Hussein think it is .High taxes or tariffs surely accelerated 1929..... downtrends, but actually do not necessarlly believe the $240 k tax increase is a done deal-yet,LOL
