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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March 24, 2020

Comments

April Ostrander

Very recently saw that the DJIA surged 11% or more than 2100 points. Supposedly the biggest one day jump in 80+ years. This is most likely caused by the more positive social mood towards the possibility of the stimulus package passing. Not sure it will last with the continuing coronavirus epidemic.

Denis Elam

I suspect April is correct, a news event has prompted a counter trend rally. Even Cruise lines are rallying today. Looks like problems are much more long term

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