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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?


To: tekgk who wrote (14885)3/16/1998 1:43:00 PM
From: Bonnie Bear  Read Replies (1) | Respond to of 18056
 
By the end of 1929 unemployment was growing fast. A few years later unemployment soared to 33%.
Did unemployment cause it- no, but undoubtedly made it worse.



To: tekgk who wrote (14885)3/16/1998 2:31:00 PM
From: Cynic 2005  Read Replies (2) | Respond to of 18056
 
Tek, you would get a kick out of this!
nypostonline.com



To: tekgk who wrote (14885)3/17/1998 12:56:00 AM
From: Bilow  Read Replies (1) | Respond to of 18056
 
Hi tekgk; Regarding unemployment and the '29 crash.
I think this is extremely important regarding the
current market mania. So I am going to look up the
numbers when I get a chance. But back then, wasn't
3.8% unemployment a relatively high number? That's
just a little lower than what we have achieved in our
time of unemployment insurance, etc.

-- Carl