buy the way folks you'll be comforted to know (ie if you do this thing called research) that the dow fell about 90% in 1929 and the ASX only fell about 52%
ok lets do a little calculation here
6700 ... pv button 3400 ... fv button
umm .... the US had subprime we don't ok
now hit the cpt button "% i"
what's that 49%
ok next compare the great depression to now
no concerted effort to work together on the problem
fiscal stimuls packages everywhere interest rates almost down to zero
the us even put up interest rates at one stage and made things worse
3% more and we will be in line with the great depression