Tuesday, April 7, 2009

Is this crisis worst than THE GREAT DEPRESSION!

There will be multiple opinions if you ask this question. Depending upon the which segment of the economy you are comparing there will be different answer for this question.

But for all the segments like crash of stock markets, industrial production indicator, interest rate response & etc are showing worst indication than the THE GREAT DEPRESSION itself! See this article from Barry Eichengreen & Kevin H. O’Rourke.

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