https://2.bp.blogspot.com/-rBugkBzP4j4/U_cZG1HB04I/AAAAAAAAB5o/eCTtRdLUQQk/s1600/Crisis.png https://2.bp.blogspot.com/-rBugkBzP4j4/U_cZG1HB04I/AAAAAAAAB... Thi

https://2.bp.blogspot.com/-rBugkBzP4j4/U_cZG1HB04I/AAAAAAAAB5o/eCTtRdLUQQk/s1600/Crisis.png https://2.bp.blogspot.com/-rBugkBzP4j4/U_cZG1HB04I/AAAAAAAAB... This is a comparison of Italian GDP between 1929 crisis, IIWW and 2007 crisis. Definitely they didn't go down like IIWW but they didn't bounce either, so in the long term far more growth has been destroyed.