The world economy is tracking or doing worse than during the Great Depression

Check out the link below. The graphs are fantastic and the authors are updating their graphs every couple months and it puts the current economic crisis in perspective. The US may be doing better than it did during the Great Depression so far, but the rest of the world is not.

(September 2009 update) | vox - Research-based policy analysis and commentary from leading economists:

"To summarise: the world is currently undergoing an economic shock every bit as big as the Great Depression shock of 1929-30. Looking just at the US leads one to overlook how alarming the current situation is even in comparison with 1929-30.

The good news, of course, is that the policy response is very different. The question now is whether that policy response will work. For the answer, stay tuned for our next column."