Great Depression 2.0?
It's been a long and volatile quarter in the financial world. Markets are taking most investors on a wild and sometimes frightening ride, the news about corporate failures and bailouts is confusing and the economic news is almost certainly disheartening.
As some in the media eagerly seek to assign blame for the current stock market turmoil, others are predicting a global doom reminiscent of the 1930s.
Despite the media's best efforts to draw comparisons between today and the Great Depression, there are KEY facts that often get overlooked.