The Great Depression

  • Benjamin Roth: The Great Depression: A Diary

    Benjamin Roth: The Great Depression: A Diary
    It's all here, times change people don't -the endless govt programs that fail to stimulate the private sector -the ups and downs of the economy, the veterans pension stimulates just as the housing credit did, until of course the money runs out -Roth is a attorney in Youngstown Ohio who kept a diary regarding the economy from 1930 until WW II breaks out, he is objective, candid, and forthright which is more than we get from Washington DC now or then highly recommended

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April 17, 2012

Comments

Julie Turner

yes, I find it fascinating! More, more! Not to just say "those were the good 'ol days", but I think there is much to learn here. Heck, if the Dow went to 577 like 1974, maybe we could get double digit interest in a CD like 1974 and I wouldn't have to try to be a day trader... ;) !!

Dennis Elam

Julie

Thanks for the feedback! I wish now I had kept a diary, realizing now what an interesting time that was, but as the saying goes, when you are up to your ears in gators it is hard to remember this is a swamp draining exercise.

I will write more on this topic in the future.

And as the trillions of dollars in stimulus finally take hold we will indeed have much higher interest rates in the future. Bernanke is still deluding himself that he is in control, it is simply that the deflationary collapse has not run its course yet. Brazil is way overpriced.

Julie Turner

always appreciate your wisdom and (ahem)your humor! Can I quote you on that gator/swamp thing? That's a good one!

Proplylene Glycol

Thankyuo very much for sharing this post.
It was a nice one

Proplylene Glycol

Hii Thanx for posting this..
God Bless

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