Welcome To The Great Depression History Discussion
Many point to the great stock market crash of 1929 as the start of The Great Depression. It is important to know this history to really understand if this was truly the cause or merely a symptom.
The crash itself was the capstone to the roaring 20′s where people lived “way above their means”. Times were amazing, debt was at all time highs, businesses gorged on easy pickings, and people were extremely optimistic about pretty much everything – sound familiar?
We are on the doorstep of yet another Great Depression. We should not make the mistakes. We should know our history and know what hurt and helped us during this historic event in the world. It is the only way we will not make the same mistakes and end up in the same place.