XJO 1.10% 8,075.7 s&p/asx 200

w000t wednesday, page-82

  1. 3,731 Posts.
    Prophet,

    Check out the following tables. Anyone could argue that the crash is over. Or we still have a leg to go..

    1974 is not too bad. Most exchange got money back in 5 to 6 years. But 1929 is a horrible one.

    The only thing I can explain is nobody knew what to do in 1929. But government had a lot of "tools" to deal with such crisis in 1974, including nationalised banks, etc.

 
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