I just saw this and wanted to post it right away. I know Halloween is over, but if you want a good scare, this is the article to read. It draws parallels between the current recession and the "Real" Great Depression of 1873, seemingly much worse than the Great Depression of 1929. Scary stuff and well worth the read. One point to take from this is that highly capitalized companies could well be the big winners in the long run. When they feel it is safe to use the capital, expect a lot of mergers and acquisitions, well beyond what we have already seen in the financial sector. So do some research and find those well capitalized companies that are hiding in the wings.
http://chronicle.com/temp/reprint.php?id=477k3d8mh2wmtpc4b6h07p4hy9z83x18
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