Showing posts with label great depression. Show all posts
Showing posts with label great depression. Show all posts

Tuesday, March 04, 2008

Depression





So lately I've been interested in learning (or re-learning) about the Great Depression. Since I work in the subprime lending industry, one can't get away from negative thoughts about the economy. I've seen movies that depict what life was like back in the 10 years of the depression, but it's hard to imagine what it was really like. Men in business suits were standing in soup/bread lines. These same men stood in groups early in the morning at employment agencies hoping to get a day's work in to be able to feed their family for that day. How far are we from similar situations? I found this article to be interesting. This author discusses some of the causes of the Great Depression.