

Robert Reich is America's 22nd Secretary of Labor and a professor at the University of California at Berkeley. His latest book is "Supercapitalism."
The Great Crash of 2008 by Robert Reich (2nd December 2008)
If this isn't a Great Crash I don't know how to define one. Stocks were down another 7 percent today. Since the peak of last year, major stock indexes have dropped 47 percent. We're in range of the Great Crash of 1929.