US depression is now secular – some cyclic upturns possible

India Daily ^ | Feb. 6, 2009 | Karen Zuba

[hinckley buzzard]

During the 1929 Depression, "experts" were claiming we wouldn't pull out of it until 1958.

In terms of the equities market that was just about exactly right.(actually a few years earlier, but not much.) You did know that, didn't you?.

[reformedliberal]

In my area, indoor plumbing was not common until the early 1960s. I was told that by a plumber, who saw his first indoor bathroom in the military in the 1950s and decided he was going to bring it to the folks back home.

[Oatka]

During the 1929 Depression, "experts" were claiming we wouldn't pull out of it until 1958.
In terms of the equities market that was just about exactly right.(actually a few years earlier, but not much.) You did know that, didn't you?.

Been reading about the "Big D" and talking with survivors since the '60s so I do know a bit about those times. I was born in 1933, so remember a little of the fun times before the war. They were talking about jobs, not the market.