These Charts Show Why the Next Generation Will Pay for the Wall Street Bailout of 2007-2010

by Pam Martens and Russ Martens
Wall Street on Parade

The two greatest stock market crashes that triggered deep economic upheaval in the U.S. occurred from 1929 to 1932 and from 2008 to 2009. There has long been a debate as to why the 1929 crash was followed by a Great Depression while the 2008 epic crash, which took down century-old iconic names on Wall Street along with the U.S. housing market and labor market, was followed by a less severe Great Recession.

Another debate about those two periods is why the stock market, as measured by the Dow Jones Industrial Average, took a quarter-century to regain the peak it had set in 1929 while the stock market returned to the peak it had set in 2007 just six years later. (See charts below.)

Continue Reading at WallStreetOnParade.com…

Comments are closed.