Monday, May 14, 2012

It's 1929 all over again ( but not in the U.S…..Greece)






As Greek markets hit levels not seen since the 90s, we thought it appropriate to look at how the Dow performed during the Great Depression.  The results, both suffered huge declines. But the big difference: where as the U.S. began to pick back up five years after its fall, Greece continues to tumble lower.

Think we're just pulling your leg?  Check out the Athex performance from the 2007 peak compared to the Dow Jones Industrial Average and its 1929  peak...

Go to http://www.businessinsider.com/chart-of-the-day-its-1929-all-over-again-in-greece-2012-5#ixzz1urTiNmNA

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