Board-Ansicht
Mix-Ansicht- Auszug aus prechter´s board (www.elliottwave.com) - littlesoros, 12.12.2001, 11:34
Auszug aus prechter´s board (www.elliottwave.com)
What level of unemployment do you expect in the Depression of 2004?
Category: General Economy
Are there any correlations between the rise in stock prices during a bubble (i.e 30%, 50% or 200% or higher gains) and the resulting level of general unemployment once the bubble bursts? What are the historical parallels from South Seas Bubble, Tullipmania, and Florida land sale manias in the 20's and the current mother of all bubbles the com-tech mania? What are the unemployment level probables for the Second Great Depression of 2004?
Responder: Tom Denham Date: 12/11/2001
Unemployment has risen after serious market declines in the U.S., but I don't have ready access to all the data required to find the correlations about which you ask. The last Supercycle correction was the 1929 to 1932 crash and unemployment reached 24.9% in 1933 (Bureau of Labor Statistics). We have begun a correction of one larger degree and are forecasting unemployment of thirty percent or higher.
<center>
<HR>
</center>
Thread gesperrtgesamter Thread:
