Bernanke Let's Loose

Bernanke admits current problem is as great or greater then the great depression.

While I think it is comparing apples to oranges, people should take note when spokesmen for the American federal reserve banking system makes such statements.

http://www.marketwatch.com/story/bernanke-explains-crisis-to-average-americans-2009-07-26?pagenumber=1

And don't think this is just an American problem. Spain's unemployment rate is at 22%, as one example of other countries having issues. Here is another example-

http://www.telegraph.co.uk/finance/financetopics/recession/5901961/British-economic-collapse-rivals-Great-Depression.html

Sourced from various tweets from Twitter.