Comparison of 2008 Depression with Great Depression.

Interesting article taken form irisheconomy.ie
voxeu.org/index.php?q=node/3421
which charts the current world recession/depression against the Great Depression.

Summary: so far we are doing worse faster.

April 2008 as the baseline because that was the height of world industrial production? I wonder would a date more closely associated with the actual crash of the stock markets be more appropriate?

Excellent find.

Very interesting.

We’re doing much smarter things this time and the crash is worse.

Maybe it’s time to try something stupid.