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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September 26, 2012



Great Daily updates. Thank you so much for your work.

The part that baffles me is this: We have open-ended QE. Why would anyone want to be short (and not be long) under these circumstances. I agree that sentiment needs to cool off. But if the market tanks/crashes with open-ended QE, the Fed might start buying treasuries as well..don't you think?

Dennis Elam

I don't think Bernanke will experience the happy ending that Volcker enjoyed no matter what he does, this might be a good time to announce victory and retire

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