Re:Joint Statement by the Department of the Treasury, Federa...
by Aperocky on Monday March 13, 2023 @01:29AM
(#35131483)
> Between 1929 and 1932, worldwide gross domestic product (GDP) fell by an estimated 15%. By comparison, worldwide GDP fell by less than 1% from 2008 to 2009 during the Great Recession.
> The Great Depression/Peak global unemployment 24.9% 1933
> Great Recession/Peak global unemployment 10% Oct 2009
Not even closely comparable, thank you for nominating cases as to why the new model is superior.
> The Great Depression/Peak global unemployment 24.9% 1933
> Great Recession/Peak global unemployment 10% Oct 2009
Not even closely comparable, thank you for nominating cases as to why the new model is superior.