| ▲ | bombcar 12 hours ago | |||||||||||||||||||
Because we know of the '29 crash, the next one will always be different. Arguably the GFC was way worse, but way different. | ||||||||||||||||||||
| ▲ | MyHonestOpinon 12 hours ago | parent | next [-] | |||||||||||||||||||
right. And because we know of the crashes of 2022, 2008, 2001, etc. the market is showing a lot more resiliency. Which is good, but it will take longer to have a correction. Which may be bad by itself. | ||||||||||||||||||||
| ||||||||||||||||||||
| ▲ | AnimalMuppet 9 hours ago | parent | prev [-] | |||||||||||||||||||
How was the GFC worse? Not in unemployment rate. Not in losses to bank depositors, either. (As a kid, my mother lost money in a bank that went down in the Great Depression.) Not in business bankruptcies. In what sense was the GFC worse? | ||||||||||||||||||||
| ||||||||||||||||||||