Isn't this one a reality check. Business week points out we have hit another milestone, the stock market decline of 10 year S&P 500 investments are now worth 50% and that happens to be the Great Depression losses.
During the darkest 10 years of the Great Depression, from September 1929 to September 1939, the stock market dropped roughly 50%, adjusted for inflation. With today's drop in the stock market, the U.S. has now matched that unfortunate milestone. The Standard & Poor's 500-stock index, adjusted for inflation, is now down about 50% over the past 10 years from Feb. 17, 1999 to Feb. 17, 2009
Of course we're looking at the dot con bubble as a starting point...but didn't we have a series of bubbles in 1929 as well?
The article continues on how you have still made a 30% gain on home prices...
I would have to say yet since wages are not in alignment with home prices.