Well, the Depression lasted for well over a Decade, and some would argue nearly two...
So if we lose even the amounts we did back then, but make them back in just a few years, then we are still much better off. Hell, the reason most people don't remember the Crash of the 1980's is because it only lasted a few days. Hardly something people think of when they think Crash. On Oct 6, 3:12 pm, Hollywood <[EMAIL PROTECTED]> wrote: > Gaar, > > Oh, so now the ONLY acceptable definintion of a "crash" to you is what > happened in 1929? I suppose then that what is going on in Iraq is not > a war as it does not match the bloodshed and destruction of WWII? > > On Oct 6, 2:31 pm, Gaar <[EMAIL PROTECTED]> wrote: > > > > > On Oct 6, 12:22 pm, Hollywood <[EMAIL PROTECTED]> wrote: > > > > "Correcting" downwards at a rapid pace with no known bottom is > > > different from "crashing" exactly how? > > > Obviously you aren't much of an Investor... > > > Losing some 7% - 8% in one Day is a lot better than losing 30% - 50% > > in one Day, don't ya think? > > > We would have to lose an additional 4,000+ points in the Market to > > come even close to the losses we experienced during the Great > > Depression. > > > And unemployment would have to go up by some nearly 20% as well. > > > You think either one of those things are going to happen holly?- Hide > > quoted text - > > - Show quoted text - --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more. -~----------~----~----~----~------~----~------~--~---
