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Very depressing, yes ... Great Depression, no

IF SOMEONE tells me once more that "we're facing a situation like the Great Depression", I'll scream.
You can't blame the headline writers for getting excited - after all, we haven't had a good old-fashioned stockmarket crash for a very long time. But let's get one thing clear. This is not 1929 when they had to close the crammed gallery of the New York Stock Exchange with people screaming and crying as if they were watching a ship sink.
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