6 de junho de 2009

1929 e agora











Industrial output, four big Europeans, then and now
















Industrial output, four Non-Europeans, then and now










Existe alguma discussão quanto ao modo como esta crise post-figura a de 1929. Os gráficos acima não deixam (até este momento) margem a dúvidas. A diferença está na reacção da política económica:


















"To summarise: the world is currently undergoing an economic shock every bit as big as the Great Depression shock of 1929-30. Looking just at the US leads one to overlook how alarming the current situation is even in comparison with 1929-30. The good news, of course, is that the policy response is very different. The question now is whether that policy response will work. For the answer, stay tuned for our next column."








- ver e ler em The world economy is tracking or doing worse than during the Great Depression (update) vox - Research-based policy analysis and commentary from leading economists

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