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340 Comments
- Mossman85, on 12/10/2008, -3/+711You know it's bad when the graph itself is flipping you off.
- idc5, on 12/10/2008, -9/+322wow.. I didn't even think to look at the lowest end of the graph..took me a while to find 2008...
- asdffdas1234, on 12/10/2008, -4/+161Lets just hope that 2010 will be as good continuation for 2008 as 1933 was for 1931.
- pedo, on 12/10/2008, -16/+151oh yeah? well at least bush didn't get head from an intern! honor and dignity!!
- ZacT, on 12/10/2008, -0/+124That's because 1887 happened twice. Know your history!
- Ysabetwordsmith, on 12/09/2008, -10/+110AUGH! That's a daunting bit of math and history. Many people yammer about "recession" and "depression" without any hard facts. This is much more effective. Alas.
- EBots, on 12/10/2008, -5/+1021887 is in twice.
FAIL - thetechgeek, on 12/10/2008, -6/+100Let's look at the bright side - it's cheaper / easier to pick up gold digger bitches now. The ones who were going after guys with six figure salaries are now going after guys with a $7.00/hr job.
- luckyme77, on 12/10/2008, -3/+89never tell me the odds
- jeffiek, on 12/10/2008, -1/+55You checked all the years??????
- inactive, on 12/10/2008, -3/+572008 sucked for me. Then again pretty much every year has.
- inactive, on 12/10/2008, -4/+57Well, just make sure you cut your wrists vertically. Horizontally is just a cry for attention, and really, no one listens to emos cry.
- Nzyne, on 12/10/2008, -1/+49Yeah, but a 60% growth of a market that has halved is still only only 80% of the original size
- Shipyaad, on 12/10/2008, -1/+43You're both wrong. It's "Timbre."
http://en.wikipedia.org/wiki/Timbre
If you're going to use a word, try to spell it correctly; if you're going to correct someone, you should DEFINITELY make sure you're right. Otherwise you just wind up looking like an ass.
/Rotsky'd - MMaster23, on 12/10/2008, -5/+41Says a man named "pedo".. smooth
- EBots, on 12/10/2008, -0/+35If I had OCD I would also have pointed out that 1888 is missing
- inactive, on 12/10/2008, -5/+35QUIT SAYING FAIL
- rogue780, on 12/10/2008, -3/+31stocks != economic wellbeing
look at the GDP. not nearly as bad as the great depressions. - brundlefly76, on 12/10/2008, -3/+31Its a financial *****-up for sure, but in terms of its effect on quality of life it will be NOTHING like the great depression.
I mean, unless your entire family is working fields for food. - CATSCEO2, on 12/10/2008, -3/+30No one got the sarcasm, apparently.
- BuryBrigade08, on 12/10/2008, -5/+31I love how hysterical people act over the market, as if 1 year S&P returns meant anything. I'm sure diggers will use this to call for the end of the American Empire, just like previous generations of hippies have done in the 1970s, 1980s, late 1990s and early 2000s. Each time the market went down. Each time it was the end of the world. Except then it wasn't.
- Trollbane, on 12/10/2008, -5/+31The S&P has only existed in its current form since 1941, and its origins only go back to 1860, so I don't know how far back this graph would go and still be accurate and not just calculated from a later date. Also, although 1931 was the worst year, you'll notice 1933, 1935, 1936, and 1938 all show at least 40% growth. It's not the end of the world.
- frakmonte, on 12/10/2008, -11/+36Things will get better in a few years. Or civilization will vanish.
Either way whining about it won't make a difference. - holzp, on 12/10/2008, -0/+25it was a very tough year!
- MMaster23, on 12/10/2008, -0/+24excellent comnment. I really appreciate it.
- sousademiami, on 12/10/2008, -0/+23All I saw at first was a giant middle finger. Then I read the article, and then I realized the actual purpose.
But my first reaction summed it up pretty well anyway. - inactive, on 12/10/2008, -0/+22Not one for catching irony on the internet eh?
- 1iProd, on 12/10/2008, -0/+21Things were supposed to be great in '08...
http://www.corporatefallout.net/prod/photos/The%20 ... - ayeroxor, on 12/10/2008, -3/+22Actually, whining about things (what the framers would have called discussion leading towards unified action) is the only thing that WILL make a difference. But you get back to your TV.
- web2pointYo, on 12/10/2008, -1/+19It was the best of years, It was the worst of years...
- ArrenV, on 12/10/2008, -3/+21How much more positive is there to negative. I like those odds :)
- asdffdas1234, on 12/10/2008, -2/+20Absolutely nothing. Economies do not rotate around the president. Sure bad decisions can severely hurt it and good can help it some, but nothing as significant as the collective of people and corporations that deal with it every day.
- firebirdx01, on 12/10/2008, -2/+20Don't let the fear get to you. Buy stocks- wait it our ten years- watch your returns skyrocket when things are back to normal.
- Ray745, on 12/10/2008, -1/+18Well this is just wrong, the S&P is down 39.48% as of yesterday for the year. At its intraday low for the year it was down 49.5%, but that was 3 weeks ago now.
- Mujokan, on 12/10/2008, -2/+19Buy when it hits bottom and you should see good returns a couple of years later. Probably 2011 will be on the right of the graph.
- DickyT83, on 12/10/2008, -3/+20As ***** as the economy is, if you're an investor or have contemplated investing, it's a phenomenal time to toss some money into some stocks or mutual funds. If you're impatient it's probably not your gig.
- OptionalPirate, on 12/10/2008, -1/+18We know where the link to the article is, deviantXTIAN, but thank you.
- pedo, on 12/10/2008, -2/+19what makes you think i'm a man?
- MMaster23, on 12/10/2008, -1/+18Note the following: 1931 and 1933...
- greenchip, on 12/10/2008, -3/+19Or works in the auto industry, the manufacturering industry, the real estate industry or the financial industry, etc. Almost 2 million job losses and still counting.
- MAARRS, on 12/10/2008, -1/+17My poor ass was thinking: 1933? The rise of a Germanic dictator?
- MAARRS, on 12/10/2008, -2/+17Dude, you ruined it. We had him halfway to Idaho....
- NinaOdell, on 12/10/2008, -2/+17Me too - and then I envisioned lines at soup kitchens.
- Crimsonsoul343, on 12/10/2008, -3/+17There is so much money to be made when the markets bounce back.
- Countess666, on 12/10/2008, -2/+16if history is anything to go by, it'll be somewhat better at least.
with the right portfolio its you can get as much as 9 to 14% more return under a democrat.
http://money.cnn.com/2004/01/21/markets/election_d ...
on average its 4% better return under a democrate then a republican (8% vs 12%)
http://www.slate.com/?id=2071929 - takingcharrge, on 12/10/2008, -2/+15this chart is WRONG!
the S&P started this year at 1447.16
to be over 50% it would have to drop below 723.58, which it has not done at ALL this year.
it's lowest intra-day value in 2008 was 741.02
at the end of closing yesterday it was 888.67, a drop of 38.6% on the year.
http://finance.yahoo.com/echarts?s=%5EGSPC#chart4: ...
can somewhere tell me where they are getting these figures?? - hwy9nightkid, on 12/10/2008, -1/+14Um, ***** I'll take a 60% return anyday
- Cglass, on 12/10/2008, -0/+12Did you look in the mirror?
- dok333, on 12/10/2008, -1/+13Excellent appreciation, I really replied to it
- staffa, on 12/10/2008, -1/+13If you have 1,000 dollars and I take 50% away, you have 500 dollars.
If I then give you 50% back, you have 750 dollars.
Math is fun. -
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