When I look at the Dow Jones graph from 1929 I see a rapid fall from around 350 to 200. Looking at the 2020 graph i see a rapid fall from 29,000 to below 19,000. Both falls took place over about a month.
The modern fall is the result of quarantining most of the healthy population.
Will the modern obsession with impossible safety destroy the modern world?
Pope John Paul The Second was born 100 years ago today.
According to him: “A democracy without values easily turns into open or thinly disguised totalitarianism ………… Do not be afraid when love requires sacrifice.”
Geoff Fox, 18th May, 2020, Down Under