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PassiCoin
Mar 31, 2020 4:18 PM

Is the Great Depression Repeating? 

Dow Jones Industrial Average IndexTVC

Description

We have the chart here that shows the beginning of the Great Depression in 1929. Do you see it? Compare it to the current dow jones history. I see an almost 1: 1 same course. Well, just a little suggestion.

Tip: After that it went down another 3 years.
Comments
Confucius-The-Great
I have figured out it was not going to repeat, it is because today we know that the disaster that would follow is too big. So the only option is to do whatever it takes to save the economy short and mid-term and try to find a solution long term. Neither USA, RUSSIA, CHINA or EU want this disaster so they won't "rug pull" each other starting doomsday. It is like an all in Nuke world war - everybody loses!
Confucius-The-Great
Sadly history don't always repeat at a 1:1 (that is maybe a good thing). If it had repeated it had been a legendary short. Versus a little loss when stop-loss hit.
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