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 23, 2012

Comments

Random Wanderer

If you would like to learn why there is a boom-bust cycle, study Austrian Economics. Here is an overview from someone who is well studied on the topic, follow the links within to dig deeper to more great articles:

Secular Cycles and the Stock Market by Pater Tenebrarum
http://www.acting-man.com/?p=10943

P.S. I just found your blog a few weeks ago and it is quickly moving up my list of favorites. I don't think the don't-fight-the-fed, the-trend-is-your-friend bulls have a clue how much risk they are taking to eek a few more points out of this market.

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