FISHER INVESTMENTS” Exhibit 11: Great Depression vs. Today Category Then Now (08 annnd gon of 20% US cor Ft 20% tom 18261688 conor set pe creosive ater hE = 8 15 yaa forte ele len | Peal nce rasa 3.7% yar over about 40% below pre-Depression times. year as of August 2008. ‘ihe ole Geet Depesonn ” saan a {oss eeu 29h ae eve aor fce | A8 tut D8, 61% of eave bor wee unenpyed Unemployment Non-existent ng his prod Enis toy Soil Seay Novant ding hi pod ats oy ttaton Massive dation Modestinion Resse pti US noney enol wat | gy acomratatie Monin Poy | Rese plore Fr scour Rao 9% dicount a8) Se stortemmnanstRave | 5% rary 1620) 0 day Tl arty a. 72%, 0 of ‘Over 10,000 (~40%) banks failed from Bank Fares Ones 10.00 16 bark iares fom 2007 resent oie Noro ding his ood Extabiaedin 188 gly revert arn Topol rone fam 0% 12916 6% ccm Tax Rate | Tepito fom 20 ns20}06%46 | pon cant 95% Counemrodtve ding stn porto : Us Fecal Poky | Saunlomadicve dna te tmapatot. | ra goa gy stradatng Interatonal rade fl 2 from 1029 to _| Many tte ade ageements tn he wor! 1932, Sparked by the Smoot Hawey Tarif | wera Trade Orgarization vs. 23 counties in rade Policy: ‘Act—tariff wars caused widespread 1947. In recent years, there was a general push to Caaallyid pced infact cmnonic | 147. vcr, tre was gee ae ee “Agreement on Tanfis and Trade (GATT). Regulations | Vtulynorxstot rt 198 — Sources: US Bureau of Labor Statistics, US Department of the Treasury, United States Federal Reserve Board, Federal Deposit Insurance Corporation, Internal Revenue Service, U.S. Bureau of Economie Analysis, ‘Thomson Datastream ® Phone (800) 568-5082 Ema infogfcom ‘Website: we tcom ‘Pas performance sno guarantee offre resus A is of toes ote th esting in took market ‘Coprah e200 Fier mastrans. Arh rested ornare Sy.