the asx in 1929 ... the real story, page-16

wikipaedia says this about australia
"Australia's extreme dependence on agricultural and industrial exports meant it was one of the hardest-hit countries in the Western world, amongst the likes of Canada and Germany. Falling export demand and commodity prices placed massive downward pressures on wages. Further, unemployment reached a record high of 29% in 1932,[38] with incidents of civil unrest becoming common. After 1932, an increase in wool and meat prices led to a gradual recovery."

volt

well you are probably right about the dependence on commodities

but once again time frame seems out of wack

oct29, 1929 1930 (1 year) 1931 (2 years) 1932 (3 years)

already there are signs that commodity prices are rising and china is building up stockpiles. not to mention takeover activity eg OZL, RIO
would they buy if they didn't things were to go down more would they?

ok 3 years

November, 2007 2008 (1 year) 2009 (2 years) 2010 (3 years)

one and half years max