the asx in 1929 ... the real story, page-14

  1. 14,055 Posts.
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    "On a time basis, my work says we get over this by 2013 but the US more like 2016/7 so hopefully once again we escape the worst."

    Volt

    this is real doom and gloom scenario
    you are saying that we wont get over this for in four years time and the US will get over it 7 years

    according to Wikipaedia

    "In most countries of the world recovery from the Great Depression began between late 1931 and early 1933"

    so lets say it started in the crash of Oct29, 1929

    so we are look at a little over 2 years and four years

    Lets assume this started in 2007, if the time to recovery is between 2 and 4 years the dates are late 2009 and early 2011 at the latest.

    2007, 2008 2009

    or
    2007,2008,2009, 2010, early 2011

    in short six months and one and half years.


 
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