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Paul Kedrosky:
Here are two useful Depression-era factoids to keep in mind. The time it took various economic measures to return to 1929 levels: * Real GDP: 8 years (1937) * Real S&P: 27 years (1956)
Here are two useful Depression-era factoids to keep in mind. The time it took various economic measures to return to 1929 levels:
* Real GDP: 8 years (1937) * Real S&P: 27 years (1956)
Some Depression Recovery Factoids