The Great Depression 1929 - 1939 Unemployment: 25% (women weren't considered) Dow Jones: down 89% GDP: down 11% ($103 Billion)
The Challenging 70's 1973 - 1975 Inflation: 21% Dow Jones: down 45% GDP: down 18% ($1.4 Trillion)
Go - Go 80's 1981 - 1982 Prime Rate: 18.875% Dow Jones: down 24% GDP: up 4% ($3.1 Trillion)
Booming 90's 1990 - 1991 653 Banks Failed Dow Jones: down 21% GDP: up 3% ($5.8 Trillion)
Consumerism of the 2000's 2000: $26 Billion of equity cashed out 2004: That number increased to $139B 2005: That number increased to $450B 2006: That number increased to $620B 42% went to consumer spending or to payoff consumer debt
Year 2008 $6.2 Trillion in Market Losses Dow Jones: down 51% GDP: up 1% ($11.6 Trillion)
