TheRealMafoo on 04 July 2009
| Avinash_Tyagi said: No, what brought about the early 20's recovery was the market bubble that began in the 20's, which surprisingly had a lot of similarities to the last decade or so, there was a land boom in florida, speculation in stock prices, new market tools for investors, and bad managing by the fed, kind of reminds me of the recovery we had in the early part of this decade after the dot com bubble broke and 9/11. |
The point is. what didn't bring it back, was government, and it was a far worse recession then we have today. People did not run screaming, and the world did not end. We sprung back from it quicker then ever before, and thanks to government thinking its there job to fuck with everything, faster then we ever will again.
