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Date Posted: 11:15:31 02/02/04 Mon
Author: paige
Subject: Re: A Visit To The "Great Depression"
In reply to: daniel 's message, "Re: A Visit To The "Great Depression"" on 13:23:29 12/11/03 Thu

>>When one thinks about the Great Depression ,( the
>>period of time from the
>>stock market crash of October 1929 to the onset of
>>World War II on December
>>7th,1941) one cannot help but picture "black & white"
>>newsreel films of long
>>lines of people waiting in soup lines. Other images
>>conjured up include
>>those of bank runs, similar to that seen in the Jimmy
>>Stewart movie "It's A
>>Wonderful Life". To those of us who did not experience
>>the Depression first
>>hand, it would seem that for the entire 1930s nobody
>>ever smiled, flowers
>>never bloomed, and the sun never shined. I believe
>>that for younger
>>generations who did not live at that time, that the
>>Depression has taken on
>>a "larger than real life" legend.
>>
>>Now I won't argue against the fact that the Depression
>>was one of the most
>>trying times in American history. However all was not
>>always doom and gloom,
>>even for investors. A review of the investing history
>>of the 1930s is in
>>order, especially in lieu of the fact that we have
>>recently experienced the
>>worse Bear Market since that era. Could money be made
>>even in the Great
>>Depression?
>>
>>Economically, unemployment briefly spiked up to nearly
>>25% in 1932, but for
>>the entire Depression, unemployment averaged 10%, a
>>figure that has been
>>reached in more modern times, even as recently as the
>>early 1990s. In the
>>30s newspapers routinely ran several pages of Help
>>Wanted ads (though they
>>often were not the best paying of jobs). The sun did
>>shine, life was lived
>>in Living Color, people went to baseball games, fell
>>in love, and ate hot
>>dogs!
>>
>>However, what is fascinating is that there was indeed
>>money to be made by
>>equity investors in the 1930s! Here is a brief review
>>of the events of the
>>period...Learn more about the Great Depression and the
>>invesment
>>opportunities of that era compared with those of today
>>in my free article
>>at:
>>
>>http://www.InvestmentWarrior.com
>>
>>(CLICK ON THE NEWSLETTER ICON & THEN "MONTHLY
>ARTICLE")
>>
>>Bill Lussenheide


thanks for posting the above. it helped me on my 5th grade idependent research project :)

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