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September 17, 2008

The Great Depression in the United States and the default of 1998 in Russia

Many have compared the crisis in the USA with the Great Depression 30-ies. DJIA during the years of Depression has lost about 90%. To recover to 400 points took more than 20 years.
The Dow Jones timetable for the years 1928-1954

At the time of default in 1998 in Russia RTS index almost repeated the dynamics of […]

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