- Capitalism and Alternatives -
Suggestion for a thread on economic crashes
Posted by: Samuel Day Fassbinder ( Citizens for Mustard Greens, USA ) on October 04, 1999 at 10:26:14:
In Reply to: What doesn't kill me makes me stronger I presume posted by Stoller on October 03, 1999 at 19:37:47:
: And you must have passed on reality. When markets crash, entire life savings are lost. And contrary to current neoliberal propaganda, crashes do not always rebound immediately. Ever heard of 1929---or was that just some commie plot?
SDF: And the crash of 1929-1932 was supposedly peanuts compared to the Russian crash of this decade, or the crash of 1837-the 1840s. Shall we start a thread on economic crashes, which ones were worse and why?