1929:The Great Crash - on BBC2 tonight

markelock

roll on national socialism...

Wookster

!!!!!!? wrote: »

I suppose we are now in line for a crash with consequences of the order of magnitude of the early 30s because it takes a bit longer still (essentially an entire lifetime) for people to forget about the lessons of history and lose their marbles to that same extent - as we have done with house prices and the credit boom.

I'm really hoping it won't be as bad as the 30s (25% unemployment, 30% contraction in GDP etc) as I'd like to think we know a bit more about economies now but only time will tell.

I'm more inclined to think we'll have a depression (>10% GDP contraction in this downturn).

rabbit8587

I know I've come in for a bit of stick on this thread & I'm sorry for my obviously poor research skills.:o
Anyway, just in case anybody has personal interest in these statistics then I have found the dataset for Shiller's house price index so I thought I'd post the link. http://www.irrationalexuberance.com/
This is a link to his book on stock market bubbles. From this page there you can download an excel file with the dataset including CPI.

PasturesNew, I really am grateful for you pointing me in the direction of Shiller because without that I'd probably never have found this file. :A

mvengemvenge

rabbit8587 wrote: »

I know I've come in for a bit of stick on this thread & I'm sorry for my obviously poor research skills.:o
Anyway, just in case anybody has personal interest in these statistics then I have found the dataset for Shiller's house price index so I thought I'd post the link. http://www.irrationalexuberance.com/
This is a link to his book on stock market bubbles. From this page there you can download an excel file with the dataset including CPI.

PasturesNew, I really am grateful for you pointing me in the direction of Shiller because without that I'd probably never have found this file. :A

Don't take it personally - we're just joshin'

PN knows her stuff - she's my hero, erm, heroine

PasturesNew

rabbit8587 wrote: »

I know I've come in for a bit of stick on this thread & I'm sorry for my obviously poor research skills.:o
Anyway, just in case anybody has personal interest in these statistics then I have found the dataset for Shiller's house price index so I thought I'd post the link. http://www.irrationalexuberance.com/
This is a link to his book on stock market bubbles. From this page there you can download an excel file with the dataset including CPI.

PasturesNew, I really am grateful for you pointing me in the direction of Shiller because without that I'd probably never have found this file. :A

awww. Good for you. Good luck!

Sapphire

Programme was excellent – parallels are frighteningly similar to today's situation. If you get a chance, also watch Alistair Cooke's programme on the Depression, which was shown on TV a few weeks ago (filmed a couple of decades ago, and also really interesting).

RecoveringAlcoholic

I watched it, and the similarity with today is frightening.

From Bill's Story, first published April 1939.

For the next few years fortune threw money and applause my way. I had arrived. My judgment and ideas were followed by many to the tune of paper millions. The great boom of the late twenties was soothing and swelling. Drink was taking an important and exhilirating part in my life. Loud talk in the jazz places uptown - we all spent in thousands, and chattered in millions. Scoffers could scoff and be damned. Of course they didn't, and I made a host of fair weather friends.

Cleaver

Cleaver wrote: »

Mrs Cleaver wanted to watch the Sex and The City movie that someone bought her for Christmas on DVD. I put my foot down for once and she's watching it in a bit of a mood in the bedroom on her laptop with her headphones in.

I'm enjoying watching a programme about financial doom and reading / writing on a forum about financial doom at the same time. It's a doomfest.

Just thought I'd report that she's getting her own back.

We've currently got The All New Beverley Hills 90210 on in the lounge.

PasturesNew

Cleaver wrote: »

We've currently got The All New Beverley Hills 90210 on in the lounge.

mmm, some hot young men in that.

Cleaver

PasturesNew wrote: »

mmm, some hot young men in that.

Every single person in the show seems to be young, utterly gorgeous, tanned and thin.

I'm sitting here feeling old, ugly, pale and fat. Well, more so than usual.