This link here is old but I think it gives a pretty good comparison of the severity of crisis through time.
It is really amazing how big the Great Depression was. It must have been tough to live it through...
1 day ago
Tuesday, September 15, 2009
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My interpretation to the graph is that 1937 was worst that 1929 and 2000 worst than now.
ReplyDeleteThe question here is: What is worst, the depth or the length? When depth are close, length starts to play a big role.
Maybe the 1937 was not as deep as 1929, but the agony of 62 months of crisis can be worst than 34.
Janio