duration and costs of cyclical depressions

A bear and a bull are shown cheek to jowl in this cartoon depicting the legendary relation between market downturns when scarcity dominates symbolized by the bear and the bright up turns in the markets symbolized by the bull. The bear stands for a bust and the bull stands for the boom.

A cyclical behavior pattern: waves of commercial scarcity and glut in American economic history.

Major depressions in US and western history: years elapsed & cycle length between recessions, causes.
10	recessions:	years elapsed	cycle length	related events
1	1784	23	35	revolt & war
2	1819	33	18	Land sales
3	1837	18	20	2d National Bank
4	1857	20	16	Railroads
5	1873	16	19	Credit Mobilier
6	1892	19	15	resources
7	1907	15	22	fuel speculation
8	1929	22	28	financial speculative collapse
9	1957	28	32	world trade
10	1990	32	10	stock speculation

recent recessions.

Duration

minimal: 10 to 25.1 -- average 7.59 years.

maximum: 35 to 25.3 -- average is 8.07 years time span

World POPULATION guide

History dates.

information

demography

labor theory of value

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Date: 12 -8-08