Relevant:
- Turk: Fear Index A Mere Third of 1970s high; One-Tenth of Great Depression High
- Comparing Present Unemployment To Great Depression On A Consistent Basis -- "Great Recession" = "Greater" Depression?
- Boom in the Doom
- "Shhhh... It's Even Worse Than The Great Depression"
- Books I’ve Loved Reading… The Great Depression Diary
2009-02-12 — russiatoday.com
When I say it’s going to be worse than the Great Depression, we call it the Greatest Depression. By the way, to be using 1930s models to get the U.S. out of this is really stupid. Back then when we first crashed most people didn’t have homes. There was no such thing as home equity loan. And back then, people didn’t have credit cards. The consumer wasn’t 14 trillion dollars in debt. We had a manufacturing base that built the world out of the Great Depression following World War Two. We no longer have that.
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