You know we’re in deep shite when economists (and Barack Obama) start comparing these hard economic times to what went down during the Great Depression.

“This feels very similar, historically, to 1929 and the emotions that filled the air in the months and years that followed the crash . . . There is a sense of extraordinary shock and astonishment, which is followed by a sense of rage, outrage, and anger directed at the centers of finance,” Steve Fraser, author of Wall Street: America’s Dream Place, said in a New York Times article published over the weekend.

So what exactly happened here? Methinks we’ve been spoon-fed a rather large dose of déjà vu.

Let me explain:

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