Jazzmox you are correct ... people should not compare this period directly with 1929...although both were due to a credit crunch, that is about where the comparison ends. However my concern is that this crunch may last a LONG time not because we lack a global stimulus with all nations reducing interest rates and fiscally expansive policies but because just about all the westen nations are demographically stuffed except for america. As we all know the older the pop the more conservative it becomes with debt or even spending ... just look at japan.
