On September 3, 1929 the DOW Jones reached a peak of 381. A level which would it would not reach again for 25 years.

25 years!

👇🏾

The DOW Jones during Great Depression(1929-1935) is shown below.

It took ~3 years to bottom w/ several periods of optimistic rallies. 3 Years!

At that time, the equity markets would crash any time central banks attempted to raise interest rates from ~0%.

Similarly, interest rates were dropped to ~0% in 2009 during the great financial crisis.

The Fed attempted to lift rates from 0% in 2018, caused another financial crisis, which caused them to drop rates back to 0%.

The Fed, in 2022-2023, is once again trying to lift rates from 0%, this time at a much quicker rate than in 2018.

The Fed/Treasury are calling for a "soft landing". I'm skeptical about their claim. What do you think will happen next?

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This post was a test and is missing many pictures. Will post again when NOSTR stops sucking.