great depression

The Great Depression was an economic slump that lasted for approximately ten years, originating in the United States in 1929 with the collapse of the New York Stock Exchange, and spreading worldwide. Many people have compared the current global recession to the Great Depression and some fear a similar situation for the future.

Throughout the Great Depression in the 1930s, stock prices plummetted, causing thousands of banks to fail. It also led to extreme losses for individual investors. The nation lost faith in the economy, resulting in a sharp decrease in spending, a deacrease in demand and therefore a decrease in production. It exposed weaknesses and imbalances within the U.S. economy and the current state of the economy has been blamed on similar greed and ignorance.

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Original Technorati articles tagged “great depression”

• in Business
  The Recession That Keeps on Going … Going … Going.
  Please change the batteries on this economy
  by taskmap / on Jul 13, 2011
• in Family
  Gas: Six Bucks a Gallon
  Many answers to the economic questions of 2011 can be found in the 1930s.
  by marjoriehaun / on Apr 21, 2011
• in Politics
  Michigan Owes The Federal Government A Lot of Dough
  Michigan, with the second largest debt in the nation, to cut unemployment benefits in 2012.
  by dsteelman / on Mar 29, 2011

Latest blogosphere posts tagged “great depression”

 

• Guest Post: President Obamas State of the Union: Ten Skirted Issues

  
  ZeroHedge — Authority: 780
  Submitted by Nomi Prins President Obamas State of the Union: Ten Skirted Issues I confess; I expected to be bored out of my mind listening to President Obama’s campaign - I mean, State of the Union - I mean campaign, speech. I kept hoping some truly earth shattering story would sneak in there beforehand, ...
  3 days ago

• Stimulus spending: Texans remember how the CCC helped save the nation

  
  Millard Fillmore's Bathtub — Authority: 507
  New video history piece from the Texas Parks & Wildlife people: 63 Uploaded by TexasParksWildlife on Jan 17, 2012 The Civilian Conservation Corps provided jobs for over 3 million young men during the Great Depression and helped establish the foundation of our nation’s park system. 70 years after ...
  1 week ago

• Money reads: Half of US home equity wiped out since 2006, Fed says

  
  All Home Loan Info — Authority: 119
  Money reads: Half of US home equity wiped out since 2006, Fed says The nation has lost $ 7 trillion in market value since 2006, or more than half total home equity. Prices are now down 33 percent. "Declines on this scale are unprecedented since the Great Depression," the authors wrote. because home equity is [...]
  1 week ago

• Guest Post: The Final Countdown

  
  ZeroHedge — Authority: 780
  Submitted by Tim Price, Director of Investment, PFP Wealth Management courtesy of Sovereign Man The Final Countdown   “Under the circumstances, discussions with Greece and the official sector are paused for reflection on the benefits of a voluntary approach.” Debt talks “have not produced a ...
  1 week ago

• Depression Chocolate Cake

  
  Style EnVie — Authority: 102
  Ive been trying to be good recently about keeping my sweet tooth in check but sometimes it gets the better of me.  Fortunately I have a few healthy (and quick!) dessert recipes stored up and when in dire need (like yesterday at lunch), I can make this delicious and moist chocolate cake. Its title actually refers to ...
  1 week ago

• White House slams Gingrich over food stamp moniker

  
  A Hollywood Republican — Authority: 114
  The White House struck back Tuesday at former House Speaker Newt Gingrich, saying more people in America are on food stamps under President Obama because of policies promoted by Mr. Gingrich and... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
  1 week ago

• Depression Glass

  
  Vintage Antique Collectible — Authority: 130
  Antiques -> Decorative Arts -> Glass The history of Depression Glass is actually quite fascinating and it is a true testimony to its appeal that decades later it is still in high demand. These colorful glass items were made to be cheap, they had to be in order to sell them during this time period. If you ...
  1 week ago

• The ageless Charisma of Retro fifties Attire

  
  Club Cheats — Authority: 134
  Despite their really positive consumer personality or greater-than-living graphic, many musicians from several domains have had trouble with the act of unleashing their imagination when struggling with depression Consumers are constantly fascinated with the lives led by a few of the richest people worldwide. What ...
  1 week ago

• The Artist, Top Golden Globe Winner

  
  Her Blueprint: The International Museum of Women Blog — Authority: 94
  This past weekend, I finally watched The Artist , and was fascinated by the movies themes; in particular, The Great Depression and the increasingly unstable nature of human "value" in modern culture. Set amidst the early 20th century box office shift to "talkies," the film examines the familiar romantic territory ...
  1 week ago

• Econ 1: U.C. Berkeley: Spring 2012: Why We Are Reading Milton Friedman and Rose Director Friedman, "Free to Choose"

  
  J. Bradford DeLong's Grasping Reality with All Eight Tentacles — Authority: 672
  My Obituary for Milton Friedman : "Lord, enlighten thou our enemies," prayed nineteenth-century British economist and moral philosopher John Stuart Mill in his "Essay on Coleridge" http://olldownload.libertyfund.org/Texts/MillJS0172/Works/Vol10/PDFs/Mill_1277.pdf . "Sharpen their wits, give acuteness to their ...
  1 week ago

• Mission Impossible: War is Not Good For the Economy

  
  Blazing Truth — Authority: 92
  My economically-minded self started squirming in my seat as I watched the latest Mission Impossible movie  - which I highly recommend! I’d like to outline some pressing dialogue during the part where Hunt opened his eyes to the presence of an arms dealer: Arms Dealer:  “Why should I help you?” ...
  1 week ago

• I HAVE A DREAM (SLIGHT RETURN)

  
  ZeroHedge — Authority: 780
    Last year, on the occasion of Martin Luther King Day, I was asked by several readers to re-write Dr Martin Luther Kings famous speech in a parody attack on Wall Street. I declined for a number of important reasons, reverence for Dr King being one, the risk of hyperbole being the other. Now, following the events ...
  1 week ago

• I HAVE A DREAM (SLIGHT RETURN)

  
  In The Spirit of Jubilee — Authority: 139
    Last year, on the occasion of Martin Luther King Day, I was asked by several readers to re-write Dr Martin Luther Kings famous speech in a parody attack on Wall Street. I declined for a number of important reasons, reverence for Dr King being one, the risk of hyperbole being the other. Now, following the events ...
  1 week ago

• Ex-Goldmanite Nomi Prins Fears Return of 1930s Great Depression: Interview Q

  
  InvestmentWatch: Emerging markets, Real Estate, Personal finance, Business management, Politics, Economics — Authority: 148
  From Bloomberg: In an interview at Bloomberg world headquarters in New York, we discussed the past and future of the financial system and the mistakes policy makers are repeating. Onaran: Why did you go for fiction this time? Prins: In nonfiction, you don’t have the ability to dig into the emotional impact on ...
  1 week ago

• Comprehension A Second Income

  
  Cambodian News: Politics, Economics, Education, Technology, Tourism... — Authority: 134
  Fundamentally joblessness negative credit this short article is the joblessness reimbursement and insurance. The folks declaring bankruptcy under joblessness are economically served by the costa rica government or express authorities. It’s fundamentally a type of sociable contentment help. separated, there are ...
  1 week ago

• Red-Wine Researcher Charged With ‘Photoshop’ Fraud

  
  IowaDawg's Blawg — Authority: 124
  And since is an India (as a native of the big country of India), he does what all good liberals do, he cries RACISM! A University of Connecticut researcher known for touting the health benefits of red wine is guilty of 145 counts offabricating and falsifying data with image-editing software, according to a 3-year ...
  1 week ago

• Review: Grit by Jardonn Smith and William Maltese

  
  Speak Its Name — Authority: 104
  Grit permeates each crevice of the Great Depression and the men living through it. This sex-saturated tale from William Maltese and Jardonn Smith is of have’s and have-not’s — who run trains across the Dust Bowl … who hitch trains to escape poverty and despair. Reviewed by Nan Hawthorne The “grit” in the ...
  1 week ago

• Separating wants from needs...

  
  The Divvy Spot — Authority: 85
  I must say that I feel like I am really growing up and maturing.  The old me was so impulsive when it came to purchasing anything.  Basically if I saw it and wanted it, I bought it no matter what.  Layaway--pshh, not me.  Saving and budgeting for stuff--oh no, not me.   Now I feel the need to be a lot more ...
  2 weeks ago

• Economic View: Consumer Spending as an American Virtue

  
  NYT > Theater — Authority: 867
  
  2 weeks ago

• Why is the Bank for International Settlements interested in Karl Marx? (Part three)

  
  Re: The People — Authority: 101
  In my previous post, I stated: In reality, there was nothing in Bohm-Bawerk’s argument to be disproved. Bohm-Bawerk had indeed cited the essential contradiction at the core of capitalism. His problem, however, was to imagine the contradiction to be a defect of Marx’s theory, and not a fatal flaw laying at the ...
  2 weeks ago

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