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The prediction of "a 1930s-like Great Depression" removes all credibility from the article. Why should I even continue to read after that?
by tim2 19y ago
The prediction of "a 1930s-like Great Depression" removes all credibility from the article. Why should I even continue to read after that?
- michaelneale 19y agoBut if true - will top hats be in fashion ? (or is my historical knowledge of fashion waaaay wrong). Could be a killer time to be in the top hat business. /satire
- admoin 19y agoI agree it is an inapt comparison, but the article is a good read if you construe that phrase as "a really, really bad global recession" rather than an attention-grabbing historical reference.
- deleted 19y ago[deleted]
- Prrometheus 19y agoWhile I believe there is no evidence that a "1930's-like Great Depression" is in the offing, I can't recall a crisis in US financial markets as significant as this since the 1930's. The comparisons are premature but not unfounded.
- michaelneale 19y agoYou can recall the 1930's? that is impressive ;)
- jdavid 19y agomy grandma can, but she does not have an account on hacker news. actually my great great grandfather made a fortune in the depression, well, immediately after it.
- jsmcgd 19y ago"a 1930s-like Great Depression" is a quote from an economist not a sensationalist spin put on the report by the journalist.