We Can’t Tell How Bad Things Really Are
Just as in 1929, a lack of accurate and timely data is exacting an enormous economic toll. Stocks had been dropping nervously for weeks. Black Thursday—October 24, 1929—wasn’t as bad as the Black Monday or Black Tuesday that followed. And it wasn’t the beginning of the downturn that became the Great …
Jerry Bucknoff flipped this story into Economy Watch•1456d