Greece's Stock Market Collapse Vs. Crash of 1929

Great take on this :

"It's 1929 all over again, but not in the U.S.

As Greek markets hit levels not seen since the 90s, we thought it appropriate to look at how the Dow performed during the Great Depression.

The results, both suffered huge declines. But the big difference: where as the U.S. began to pick back up five years after its fall, Greece continues to tumble lower.

Below, Athex performance from the 2007 peak compared to the Dow Jones Industrial Average and its 1929 peak."

Recession is in full Swing

(Note: We think we saw someone else made this chart recently as well, but are unsure where that was).

REF : Business Insider.com

Read more: http://www.businessinsider.com/chart-of-the-day-its-1929-all-over-again-in-greece-2012-5#ixzz1urib7F4L