2008: Worse than the Great Depression?

[Karl]

2008: Worse than the Great Depression?
By Matt Egan @mattmegan5 August 27, 2014: 5:34 PM ET

NEW YORK (CNNMoney)

Ben Bernanke, the former head of the Federal Reserve, said the 2008 financial crisis was the worst in global history, surpassing even the Great Depression.

His statement is raising eyebrows. While the "Great Recession" was scary, there's a reason it wasn't dubbed a depression: Bernanke's aggressive policy response.

http://money.cnn.com/2014/08/27/news...html?iid=HP_LN

[Islandman]

What Bernanke said about the 2008 financial meltdown being worse is likely correct, it is the headline that is misleading.

Obviously the Great Depression itself was much worse than the recession that followed 2008