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Stockpiling Food in the Great Depression
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Stockpiling Food in the Great Depression. If you like to eat, you better save some [food], was the advice of one Thelma May Beets in a front page story titled Depression Lessons Last for a Lifetime, in Sunday’s Los Angeles Times. The 91 year-old widow, who’d come of age during the Great Depression, was doing her weekly inventory of food she stocks in a chest by her bed. Arthur also recalled that sections of the lawn were replaced with rows of tomato plants, cabbage and collard greens. For when we started...
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Why the Great Depression Online?
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Why the Great Depression Online? The Great Depression was the seminal financial and economic event of the 20th Century. Hopes and dreams were shattered. Millions were ruined. And left in its wake was a lost decade of unemployment and poverty. Yet todays conventional wisdom says it could never happen again. We find this to be intellectually dishonest. For if something happened before, by definition, it could happen again. But could we really be headed for another Great Depression? We arent Cassandras blin...
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The Great Depression Unemployment Rate - Unemployment Rate During the Great Depression
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The Great Depression Unemployment Rate. According to the latest announcement from the Bureau of Labor Statistics released last Friday [May 08, 2009], employers sent out only 539,000 pink slips in April. We say only because this was the fewest monthly job cuts in six months. President Barack Obama looked away from the teleprompter for a moment to call this announcement somewhat encouraging. And when more people lose jobs than gain jobs the unemployment rate goes up; not down. Yet how bad are things? We fi...
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How to Survive the Great Depression - Practical Advice on How to Survive the Great Depression
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How to Survive the Great Depression. Today we pause from the markets and the countless charades taking place in. To do something a little out of the ordinaryto offer some advice. We get many requests for it. But always decline to offer it. For we are human just like you, and thus we don’t pretend to know any more than our fellow man. Peering through this prism of natural and moral laws we interpret what’s going on in the world around usand add a little insight and entertainment to the mix. 5 Know the dif...
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Gold and the Great Depression - Gold Confiscation During the Great Depression - The Gold Confiscation Act of 1933
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Gold and the Great Depression. If you were to ask someone 100 years ago: What is money? They would reply: Gold. If you asked the same question 200 hundred years ago the reply would be: Gold. And if you asked the same question 1,000 years ago, you would get the same answer: Gold. But if you asked someone today, the question: What is money? They would generally look perplexed. And the responses offered would vary widely. One person would say: Dollars. Another would say: Euros. 1 Medium of exchange. Certain...
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The Stock Market Crash of 1929 - The Stock Market Crash and the Great Depression
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The Stock Market Crash of 1929. The market, the old timers say, is a forward looking animal. That means it should start trending upward before the economy begins its recovery. But when will the economy begin its recoveryand how much will it stumble before it gets some good traction? Your guess is as good as ours? An old Marine told us the other night, Prepare for the worst; it has yet to come. We liken losing money in the stock market to be the same as a root canalwe’d rather not suffer such pain. If you...
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The Difference Between Recession and Depression - What is the Difference Between Recession and Depression?
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The Difference Between Recession and Depression. The economic freefall continues. Last Friday [April 3, 2009] the Labor Department reported that 663,000 jobs were cut in March. With this, the tally of jobs lost since December 2007 the official start date of the depression hit 5.1 million. In other words, 5.1 million less people are earning a paycheck than just 15-months agopushing the unemployment rate up to 8.5 percentthe highest level since 1983. The difference between recession and depression stems fr...
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The Great Depression Online Publications
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Check out our unique line of publications and affiliate publications. Just click on the corresponding link to learn more. How To Protect Your Wealth And Profit During Financial Disaster. This must be the worlds most invaluable - and profitable - Handbook. Where youll discover the worlds best ways to protect your wealth and profit during financial disaster. Why Gold is True and Honest Money. Surviving The Next Great Depression - Unknown Secrets from The French Revolution. The Nicolas Darvas Story. Many fi...
