Lessons From People Who Were There
Here is an amazing article from some folks who lived through The Great Depression. Their knowledge of its history, its lessons, and its rules – are truly priceless.
This financial crisis could have been avoided. If Wall Street, regulators and stakeholders who were making key decisions just knew their Great Depression History, then much of this could have been muted at the beginning of this decade.
Some of my favorite quotes from these incredible people are as follows:
“My father said tell me what you’ve got to have and I’ll show you how to get along without it. And he did do that.”
“Eat all the food you had on your plate. You don’t waste food. You don’t destroy your clothing. You use it, you keep it well taken care of and it will last a long time.”
“Someone once said we weren’t just survivors we were thrivers. I think we were. We just appreciated what we had.”
These people survived the first Great Depression. People will need to change their thinking about consumption and use of goods/assets to survive this current financial meltdown.
