Work in progress - DJI Great Depression 2.0
Work in progress... I know its an eye chart, stare at it for a bit... Notice dates and patterns.
Many have shared similar charts... We are in the same pattern we were in in the 20s.. I think its best if the FED controls the situation and lets us have a depression NOW vs having an even worse one with time. We pumped the 2002 bubble, pumped the 2009 bubble and if they pump again the system is dead... IF they let this fall this time and let a recession heal the economy i think we are in OK shape.
Bush + Obama screwed us. (Nixon screwed us the most IMO. Wont go there..)
I will update and add to the chart as i discover more!
Many have shared similar charts... We are in the same pattern we were in in the 20s.. I think its best if the FED controls the situation and lets us have a depression NOW vs having an even worse one with time. We pumped the 2002 bubble, pumped the 2009 bubble and if they pump again the system is dead... IF they let this fall this time and let a recession heal the economy i think we are in OK shape.
Bush + Obama screwed us. (Nixon screwed us the most IMO. Wont go there..)
I will update and add to the chart as i discover more!
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