Right now, it’s 6.5% and rising daily. In the next few months, I would not be shocked to see it go to 8, 9, or even 10%. What was the unemployment rate during the great depression in the 30′s, and do you think the country is headed for another great depression?
31/05/2010
21/05/2010
Would the Great Depression have occurred if the monopolies of the early 20th century were left intact?
These companies were huge! Would FDR have to bail them out during the Depression? Or was it more like the Compromise of 1850, only delaying the inevitable onslaught of the Depression? Would the Great Depression have occurred earlier?