Just like the 1930s

There’s a wonderful graph illustrating an article in a Telegraph blog today.

It compares four different recessions from a UK perspective, and the current one is clearly much closer to the 1930s recession (and to a certain extent the 1980s one), and it’s much worse than the relatively mild 1990s one.

We’re the black line (click on the graph for a bigger version), so make your own conclusions!