This graph illustrates the decline in Greek stock market compared to US Stock declines in 1929 Depression. The slopes are comparable with the exception of the uptick that is taking place in US stock prices more recently. A lot of folks are predicting Greek exit from the eurozone in the near term. We will have to see what happens but it looks bad.Monday, May 14, 2012
Greek Stock Market Worse Than US Stock Market In Great Depression
This graph illustrates the decline in Greek stock market compared to US Stock declines in 1929 Depression. The slopes are comparable with the exception of the uptick that is taking place in US stock prices more recently. A lot of folks are predicting Greek exit from the eurozone in the near term. We will have to see what happens but it looks bad.
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