Why 2012 isn't 1932

Wall Street Crash 1929
Wall Street Crash 1929

"Ignore the past and you will lose an eye. Dwell on the past and you will lose both of them." -- Anonymous

When the New Year comes around, some people will look for parallels between current events and those of the past, expecting them to repeat. I've seen several comparisons made between 2012 and 1932, because the stock market falls of 2008 can be equated with the 1929 Wall Street Crash.