New Studies Show Economy Tracking 1930s Declines

This sucker is goin' down.....

The MELTDOWN.....Is Going To CONTINUE.... 2 More Years....Amen

Well because we were a lot more inflated with fake paper-worth than they were in the 1930's. Also, we are recovering with more fake paper, so what does that tell you?

I wonder if anyone is taking into account the drop in unemployment has a large part to do with the number of unemployed whose benefits have expired?

Stocking up on canned food.

The bubble is popped. This attempt at reinflation is going to end in disaster and just prolong the inevitable. We need two things from now on: * Balanced budgets * Gold backed dollar Can you spend your way to prosperity?

The recovery will be a "W"...the latest bear rally put us in the middle of the W right now. Easy to see what is next before the economy can truly recover. Johnny, take another hit off the bong.

This guy totally miss the analysis. If the economy does not recover soon, it means OBAMA's socalist solution, like FDR's socalist solution of the 1930's, does not work. And we already know form the 1930's that it prolonged the agony. OBAMA! stop dumping cash into your cronies pockets, ACORN, UNIONS and wasting it on pie in the sky programs.Cut spending drastically, pay ofFdebt.

Just when I thought the days of Short Ticker were coming to a close..

Johnny Ike, I've seen some of your posts, and man you're all blow and no show. What do you base your assumptions on? Do you need an eye exam? The chart at the head of this write-up and the behavior of the markets are tracking just like 1930s. Spending is good, when it goes into creating efficiencies, however the spending we are seeing (which is marginal at best) is going to soften a deeper effect on this depression. Yes, I'm calling it a depression, and we should all face this like grown-ups. I wrote about this effect in a post I put up yesterday and low and behold yahoo puts the chart up. Kudos to Blogget, you should stop putting airbags on your show like Liz Ann Sonders, who obviously is a sales(wo)man with really nice legs. (Nice touch by your producer).

Can't Yahoo get news reports from anyone else besides the All Propaganda = AP news source?

The popped global real estate bubble was the largest in the history of mankind. Stop denying the fallout and man up to the consequences.

Theories aside, let us use our common sense to analyse what we just went through. Economic expansion based on huge spending is unsustainable. If people resort to risk taking and buying assets, sure we will get burnt. There is no point in revisiting great depression of 30's or recession of 80's etc. --sri

Very Nice.

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To even compare now to the Great Depression is disrespectful of what those poor people went through then. We have the benefit of what they went through to protect us. There's no comparison whatsoever.

GGRN.OB

Wow, this graph is alot more informative than listening to a talking head with a pre-determined point of view.

Trying to fix a DEBT BUBBLE with more DEBT won't work for an individual ... and it isn't going to work for a nation. What about this simple law of economics do the "wizards of smart" not get?

"The number of people on unemployment insurance dropped. According to the government, that means those people got jobs. However, what really happened is that those unemployed ran out of benefits and still have no job." This deserves attentions. We need to find out if this is true. But I feel today's number needs to be analyzed to see if this is a one-time fluke or showing a even more troublesome trend as pointed out above.