The Great Depression was the seminal financial and economic event of the 20th Century.
Hopes and dreams were shattered. Millions were ruined. And in its wake was a lost decade of unemployment and poverty. Regrettably, it’s happening again.
Here at the Great Depression Online we offer the key insights you need to protect your hard earned savings and family from the unfolding economic destruction…and we look for opportunities to acquire massive wealth along the way.
Browse through these pages for facts and information on the Great Depression and How to Survive the Great Depression as it comes to pass.
Facts and Information on the Great Depression
Surviving the Great Depression
Inside This Issue You Will Discover…
Big News At The GDO
We have some big news to tell you about today at the GDO. We won’t belabor it. We’ll just lay it on you…
This is the last issue of the GDO. That’s right…after this publishing the GDO is on indefinite hiatus.
But don’t fear. We ain’t going away. In fact, we’ve only just begun…
That’s why we are excited to announce our latest publishing venture – the Economic Prism E-Newsletter. To celebrate this Special Announcement we are offering readers of the GDO, free Charter Member Subscriptions…
~~~~~~Charter Member Subscription~~~~~~
Subscribe to the Economic Prism E-Newsletter and we’ll send you a FREE copy of the Urgent Strategy Report – 1337% Increase from Exploding Debt Bomb. Inside you’ll discover how to protect yourself and profit from the exploding debt bomb.
We’ve had quite a run at the GDO…so why the change…
Why the Change
When we first started rolling out issues of the GDO back in the fall of 2007 the idea that we could be headed for another Great Depression was unthinkable. The DOW had just topped 14,000 and was setting record highs on a daily basis. Only dyed in the wool doom and gloomers would consider it.
“Here it is, the second week in October 2007,” we wrote at the time. “And we sit and we wonder…
“We are full of questions.
“Just how is it that the DOW is now hitting a new all-time high?
“One short month ago, weren’t we in a massive credit crunch? Didn’t the central banks of the world jump into crisis mode and inject massive amounts of “liquidity” into the financial system?
“Could everything be so wonderful now for stocks to be shooting up the Richter scale like a San Francisco earthquake?”
Now, of course, after the fact, the answers seem so obvious. The credit crisis returned in earnest in 2008, the stock market crashed, unemployment spiked, and daily headlines reported ‘the worst economic crisis since the Great Depression.’
But at the GDO it was not so much the economic crash that astonished us; but rather, the lengths the government went, to prop it back up. It was shocking…
Repeated bailouts of AIG. Nationalization of General Motors. An alphabet soup of government bailouts like TARP, CPFF, MMIFF, TAF, created to “reflate” and “reliquify” financial markets. Federal Reserve money creation…QE and QE2. And the tripling of budget deficits for years into the future. We chronicled it all with wide eyes and a gaping jaw at the Great Depression Online.
The Economic Prism E-Newsletter
Through it all we discovered that not only are our leaders clueless…on top of that, they are morons too. What’s more, we found it painfully maddening that the bailouts were funded by the taxpayers (that’s you) and the future earnings of unborn citizens (that’s your grandchildren and great grandchildren). What gives?
What happened to free market principles, limited government, and individual liberty?
Questions like these are what led us to this latest publishing venture…
The Economic Prism E-Newsletter is written on your behalf. Your subscription won’t cost you a penny. However, we believe you’ll find it to be extraordinarily valuable.
Peering through a prism of free market principles, limited government, and individual liberty, the Economic Prism E-Newsletter brings clarity to the muddy waters of economic policy…and targets investment opportunities for acquiring considerable wealth.
To help you explore if this is an opportunity you think you may possibly be interested in, as part of your subscription, we’ll send you a FREE copy of the Urgent Strategy Report – 1337% Increase from Exploding Debt Bomb. Inside you’ll discover how to protect yourself and profit from the exploding debt bomb.
We’d be pleased to have you join us in this new venture. Learn more and subscribe here.
Great Depression Online
P.S. You are invited to join us at the Economic Prism E-Newsletter.
P.P.S. Also check out the Economic Prism E-Newsletter website for all the latest.
Were the Causes of the Great Depression?
Many like to blame the stock market crash of October 19, 1929, as one of the main causes of the Great Depression. It wasn't. It was just the triggering event. It was what led up to the stock market crash that caused the Great Depression. Let's explore...
Stock Market Crash and the Great Depression
From September 3, 1929 to November 13, 1929, the DOW lost 47.9 percent. Then, as rarely noted, it rallied 48.1 percent through April 17, 1930. But alas, it was the bear trap of all bear traps…the market subsequently crashed 89.2 percent from its initial peak along with the hopes, dreams, and aspirations of a generation.
Confiscation During the Great Depression
In 1933, at the height of the Great Depression, the U.S. Government, under the Gold Confiscation Act, confiscated gold money from its citizens and replaced it with paper Federal Reserve Notes.
the Difference Between Recession and Depression?
The difference between recession and depression stems from where the economy is in the business cycle. And when so many debts have been contracted and so much capital has been misallocated to value subtracting endeavors…the whole structure of the economy breaks down.
How to Survive the Great Depression
Here it is…from the heart…practical, discretionary advice on how to survive the Great Depression.
Business Cycle and the Great Depression
We believe that the business cycle exists. That following a period of economic expansion, there comes a period of economic contraction. And then, following a period of recovery, new economic growth resumes.
Depression and Stockpiling Food
“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.
What Was the Unemployment Rate During the Great Depression?
“From an estimated annual rate of 3.3 percent during 1923-29, the unemployment rate rose to a peak of about 25 percent in 1933. The economy reached its trough in 1933; but although unemployment had reached its peak, economic recovery was slow, hesitant, and far from complete.”
We Respect Your Privacy
We Will Not Share Your Email
With Anyone Else