Stock prices are a function of future expectations on earnings. Not too much should be extrapolated. Depressions are rather defined by sorrier things: Selling h

Stock prices are a function of future expectations on earnings. Not too much should be extrapolated. Depressions are rather defined by sorrier things: Selling hard assets for food, becoming migrant workers for food, surrendering morals for food, etc. Modern efficiency being what it is, real depressions are probably impossible. Again, I recommend to anyone interested: http://video.google.com/videoplay?docid=-9022016584178907197&ei=Ll6qSbC4LZGgqgKl5-XxDw&q=grapes+of+wrath+ http://video.google.com/videoplay?docid=-9022016584178907197...