The difference between 1929-1939 depression and 2000-2012 stealth depression
Sam Adelton
Oct. 18, 2009

If you look at Nasadaq composite between 2000 and 2009 and superimpose it on Dow Jones Industrial Average between 1929 and 1939, something will be clear. US economy is in depression just like that of 1930s for the last nine years and things are getting worse.

What is difference between then and now?

Then we never has access to massive stimulus money through relentless irresponsible borrowing by the Governments all around the world.

Today we have stopped the Titanic from drowning but the problem has been extended to the next decade with much more catastrophic effects.

The economy may wake up a little bit for now but the economic calamity in 2010 will be so severe that every one will repent the wasteful stimulus spending by the politicians and Government bureaucrats.

Yields on U.S. Treasurys have collapsed to historic lows. The 30-year bond is yielding just over 3.8%, well below long-term averages. This is usually a strong signal of tougher times ahead. It's almost impossible to reconcile this with the stock market's sunny vision of a swift economic rebound. Remember, this is the scenario after 13 trillion dollars have been spent by all the Governmnet across the whole world to stop the world economies get depressed. That is equivelnet of spending $30,000 per very single human being in this globe!

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