First, I question that data.
Seriously, do you think they had the equipment,software, to collect that, in those days?
Anyway, what I do like is the quick, short time frame of economic disruption. Unlike the the post Federal Reserve act and, what, near three years into our ‘depression’, which might last another ten, or more. 13+ years, near a generation. Yeah! Supper. I’ve read that the firs Federal Reserve Depression was from 1929 to 1945. Nice. That’s 16 years. Why, I’m an idiot to want to go back to an era of one year depressions. God forbid we trade that for decade plus Depressions.
I don’t know where you’re getting 1 year depressions, 5 6 7 years and the long depression after the civil war was considered 30 years.
This is the first depression we’ve had since 1930. 80 years depression free. 70 if you want to stretch the great depression out to 1940 to pick up that 1 year depression in 39.
You need to read up on history a little and don’t just take Ron Paul’s word for it that the Depressions of the 1800 were mild.
I don’t know about the unemployment, but it seems like they would have very good stats on the bank failures and the business failures. After all there ought to be banking records and sales tax records.
And as far as the current depression, it’s a little early to assume it’s going to last 3 years much less 13.