Here is a chart of the major bear markets since 1900 that shows the impact of the Great Crash of 1929 as a solitary event, and then again as the prelude included in the bear market of the Great Depression of 1929 - 1932.
We were bothered a little on the first version of this chart that the Great Crash did not show its full impact. Imagine the decline we have seen over the past year, but with more intensity, occurring in less than two months!
Special thanks to our friend Elvis_Knows for the chart update, and for all his many contributions and charts over the past year.
"Where such a shift in power is in favor of the governing elite, Power will achieve its murderous potential. It simply waits for an excuse, an event of some sort, an assassination, a massacre in a neighboring country, an attempted coup, a famine, or a natural disaster, to justify the beginning of murder en masse. Most state sponsored murder occurs under the cover of war, revolution, or guerrilla war, or in their aftermath."
R. J. Rummel