Comments on: New Economy: The Modern 1930’s http://www.dailyreckoning.com.au/new-economy/2008/03/27/ An independent perspective on the Australian and global investment markets Thu, 18 Mar 2010 14:20:38 +0000 http://wordpress.org/?v=2.8 hourly 1 By: caleb http://www.dailyreckoning.com.au/new-economy/2008/03/27/comment-page-1/#comment-14181 caleb Sun, 30 Mar 2008 06:47:09 +0000 http://www.dailyreckoning.com.au/new-economy/2008/03/27/#comment-14181 HI I feel there are many similarities. I was trying to find a graph or info on median australian property prices over the last centuary to hopefully show that for decades you can have no real increase of value (eg 1930-1960) but i cant find a source..help? HI
I feel there are many similarities. I was trying to find a graph or info on median australian property prices over the last centuary to hopefully show that for decades you can have no real increase of value (eg 1930-1960) but i cant find a source..help?

]]> By: Pete http://www.dailyreckoning.com.au/new-economy/2008/03/27/comment-page-1/#comment-13984 Pete Fri, 28 Mar 2008 01:15:36 +0000 http://www.dailyreckoning.com.au/new-economy/2008/03/27/#comment-13984 Thanks Christina Thanks Christina

]]> By: christina http://www.dailyreckoning.com.au/new-economy/2008/03/27/comment-page-1/#comment-13936 christina Thu, 27 Mar 2008 14:40:07 +0000 http://www.dailyreckoning.com.au/new-economy/2008/03/27/#comment-13936 Hey I found the other one I was looking for to tell you all to watch on youtube. It shows the stock market on the day it crashed in 1929 and all the people trying to get in and the mad horrible panic. Watch it now! It's on youtube under: The Great Depression (Britannica.com) Hey I found the other one I was looking for to tell you all to watch on youtube. It shows the stock market on the day it crashed in 1929 and all the people trying to get in and the mad horrible panic. Watch it now! It's on youtube under:

The Great Depression (Britannica.com)

]]> By: christina http://www.dailyreckoning.com.au/new-economy/2008/03/27/comment-page-1/#comment-13935 christina Thu, 27 Mar 2008 14:29:55 +0000 http://www.dailyreckoning.com.au/new-economy/2008/03/27/#comment-13935 Go to you tube, and you can actually see a video of actual footage from 1929, taken on the actual day the stock market crashed, and it shows everyone running aroung panicking. Also, you gotta check out this you tube video: 1929 Stock Market Crash (Part 5) You will freak out! It shows them all partying on New Years Eve in 1929 and they were all affluent and rich like people act now. Little did they know what was coming. Poor things. Go to you tube, and you can actually see a video of actual footage from 1929, taken on the actual day the stock market crashed, and it shows everyone running aroung panicking.

Also, you gotta check out this you tube video:
1929 Stock Market Crash (Part 5)
You will freak out! It shows them all partying on New Years Eve in 1929 and they were all affluent and rich like people act now. Little did they know what was coming. Poor things.

]]> By: Pete http://www.dailyreckoning.com.au/new-economy/2008/03/27/comment-page-1/#comment-13887 Pete Thu, 27 Mar 2008 04:45:36 +0000 http://www.dailyreckoning.com.au/new-economy/2008/03/27/#comment-13887 A nice read though... A nice read though...

]]> By: Pete http://www.dailyreckoning.com.au/new-economy/2008/03/27/comment-page-1/#comment-13886 Pete Thu, 27 Mar 2008 04:45:12 +0000 http://www.dailyreckoning.com.au/new-economy/2008/03/27/#comment-13886 haha if only... it all sounds nice and jolly, but how accurate is comparing 2008 to the 1930's? Things are different now...maybe they are much worse, maybe they are better. The world has online share trading, options trading, any number of crazy financial instruments...the US has practically criminal Fed bankers (not much has changed in the past decades there). But the US was much different back then. Think technology, consumerism, global markets (was everything made in China then??), global economies (was the USD the trading currency for everyone? Did China, or anyone really, have huge surpluses in USD then?), military might (I believe Britain was the power then), and many others. Comparing two similarities is nothing when you can also see even more differences. There are so many factors to this that our speculation is ... just speculation. A gamble. Slightly educated guesses. Although i think most of us hope to see the big financials get burned for playing games with money. haha if only... it all sounds nice and jolly, but how accurate is comparing 2008 to the 1930's?

Things are different now...maybe they are much worse, maybe they are better. The world has online share trading, options trading, any number of crazy financial instruments...the US has practically criminal Fed bankers (not much has changed in the past decades there).

But the US was much different back then. Think technology, consumerism, global markets (was everything made in China then??), global economies (was the USD the trading currency for everyone? Did China, or anyone really, have huge surpluses in USD then?), military might (I believe Britain was the power then), and many others.

Comparing two similarities is nothing when you can also see even more differences. There are so many factors to this that our speculation is ... just speculation. A gamble. Slightly educated guesses.

Although i think most of us hope to see the big financials get burned for playing games with money.

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