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Replying to Dr Obvious (post #48). View original post.

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Replying To:

Old people: is the world crazier now than it used to be?

Dr Obvious

Looks at the 1930s.

1) Great Depression. From 1929-1933 GDP fell by 30%, unemployment was 25%, and the DJIA fell by 90%. Our recent Great Recession (2008-2009) saw GDP fall by 4% with 8.5% unemployment and the DJIA down 53%. Nearly half of all U.S. banks failed in the early 1930s.

2) Dust Bowl. Even with today's global climate 1C warmer than the 1930s, many temperature and drought records remain from the 1930s in the central U.S. In fact, the summer of 2021 just tied the summer of 1936 as the hottest on record.

Then add in the sorry state of race relations in the United States plus the rise of fascism in Europe and I would say we don't have it too bad today.

Back to this thread.