Wednesday, November 19, 2008

Calculating Risk has an interesting graph comparing stock market crashes

I look at the graph to the left and actually feel better about the market situation we are in. That is, until I think of all the other situations "around" the market crash.

You see, I was around for all those other crashes....and I remember a lot of angst about the market fall...but there were still plenty of positive things happening in the economy.

Yes....some bad stuff for sure....during 2001, there was the tech bubble, and Sept 11th.....all very bad...but many industries were fine, and the jobs of many were untouched.

Now....everything seems to be imploding, and EVERYONE is paying the piper as the government "spends our way out" of this mess as it "inflates" the battered credit markets......putting us even further into debt.

What a mess.....but as far as the market "fingerprint" isn't any worst. (NOT)

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Blogger goooooood girl said...

your blog is feel good......

8:27 PM EST  

Thats about the worst chart I have ever seen.

3:08 PM EST  

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