Tag Archives: Great Depression

Perspective on Greece’s Great Depression

Bank of America Merrill Lynch provides an informative chart with perspective on how bad it is in Greece, The Greek recession has been the most severe in the recent history of crisis and compares only to the U.S. Great Depression.  … Continue reading

Posted in ECB, Economics, PIIGS | Tagged , | Leave a comment

Current Housing Bust Much Worse Than Great Depression

Great chart from the recently released Economic Report of the President.  We suspect the Great Depression housing bust didn’t have the government props to soften the blow as we do today,  which,  therefore, on a relative basis,  makes the current … Continue reading

Posted in Black Swan Watch, Bonds, Housing | Tagged , , , | 5 Comments