Check out the cumulative losses during The Great Depression:
Stock Market Yearly Historical Returns from 1921 to Present
ow Jones Index - TradingNinvestment
https://tradingninvestment.com/stock...rical-returns/
So if we know that the “War to end all wars” - didn’t, why would we think that something relatively minor like The Great Depression would end all depressions? Tough times are just a matter of time. So are good times. “What goes around comes around.”
Then there’s what happens when economic powerhouses loose their historic advantages. Here’s what was the world’s second largest economy. A huge manufacturing economy. Check out the cumulative losses starting at its 1980s peak. Note that 2 decades after its peak (2010) it was down a whopping 70% from that peak.
Nikkei 225 Index - 67 Year Historical Chart | MacroTrends
https://www.macrotrends.net/2593/nik...cal-chart-data
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