Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Politics and Other Controversies
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 04-08-2009, 08:49 AM
 
Location: North Cackelacky....in the hills.
19,567 posts, read 21,891,126 times
Reputation: 2519

Advertisements

Quote:
Often cited comparisons – which look only at the US – find that today’s crisis is milder than the Great Depression. In this column, two leading economic historians show that the world economy is now plummeting as it did in the Great Depression; indeed, world industrial production, trade and stock markets are diving faster now than during 1929-30.


naked capitalism: World Economy Falling Faster Than in 1929-1930
Reply With Quote Quick reply to this message

 
Old 04-08-2009, 09:01 AM
 
Location: San Diego
5,319 posts, read 8,993,150 times
Reputation: 3396
Oh look ... another thread whose source of information is a blog.
Reply With Quote Quick reply to this message
 
Old 04-08-2009, 09:03 AM
 
Location: North Cackelacky....in the hills.
19,567 posts, read 21,891,126 times
Reputation: 2519
Please do not attempt to deflect the discussion....

Did you go to the link by the way?

The reason I ask is IF you had you would see where the info comes from....

http://voxeu.org/index.php?q=node/3421
Reply With Quote Quick reply to this message
 
Old 04-08-2009, 09:05 AM
 
Location: San Diego
5,319 posts, read 8,993,150 times
Reputation: 3396
Quote:
Originally Posted by oz in SC View Post
Please do not attempt to deflect the discussion....

Did you go to the link by the way?
Ummm ..... how else would I have known it was a blog?
Reply With Quote Quick reply to this message
 
Old 04-08-2009, 09:07 AM
 
Location: SE Arizona - FINALLY! :D
20,460 posts, read 26,358,479 times
Reputation: 7627
Um.... EVERYTHING happens faster today than it did in 1929.
That's the nature of modern technology.


What's your point?

Ken
Reply With Quote Quick reply to this message
 
Old 04-08-2009, 09:08 AM
 
Location: North Cackelacky....in the hills.
19,567 posts, read 21,891,126 times
Reputation: 2519
World Industrial Output, Now vs Then.

http://voxeu.org/files/image/depression_fig1.gif (broken link)



World Stock Markets, Now vs Then.
http://voxeu.org/files/image/depression_fig2.gif (broken link)


The Volume of World Trade, Now vs Then.
http://voxeu.org/files/image/depression_fig3.gif (broken link)
Reply With Quote Quick reply to this message
 
Old 04-08-2009, 09:10 AM
 
Location: Washington state
7,211 posts, read 9,441,701 times
Reputation: 1895

I see Boss Limbaugh has done his work well.....all the dittoheads are hoping for the country to fail.
Reply With Quote Quick reply to this message
 
Old 04-08-2009, 09:11 AM
 
Location: Hoboken
19,890 posts, read 18,772,644 times
Reputation: 3146
Quote:
Originally Posted by RD5050 View Post
Oh look ... another thread whose source of information is a blog.
OK if you don't like that look at this. This guy has been right on target all along, things are going to get ugly.

Market bear Roubini sticks to dour forecasts - Yahoo! Finance (http://finance.yahoo.com/news/Market-bear-Roubini-sticks-to-rb-14876221.html - broken link)

Or you can look at this, the government wants to bury the results of the stress tests because they are so bad.

UPDATE 1-US to delay bank test results for earnings-source | Reuters
Reply With Quote Quick reply to this message
 
Old 04-08-2009, 09:13 AM
 
Location: North Cackelacky....in the hills.
19,567 posts, read 21,891,126 times
Reputation: 2519
World economy....duh.

To those who are so desperately trying to dismiss this...the article came from this site...

Front Page | vox

A little info for y'all....

Quote:
VoxEU.org is partnering with the UK government to collect the views of economists from around the world on what the G20 should do to fix the global economy.
LOL...such typically knee jerk reactions by the Obamatrons.
Reply With Quote Quick reply to this message
 
Old 04-08-2009, 09:13 AM
 
Location: Hoboken
19,890 posts, read 18,772,644 times
Reputation: 3146
Quote:
Originally Posted by Upton View Post
I see Boss Limbaugh has done his work well.....all the dittoheads are hoping for the country to fail.

I am not sure how pointing out the facts is hoping for the country to fail?
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Politics and Other Controversies
Similar Threads

All times are GMT -6. The time now is 06:44 PM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top