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
How to Survive the Great Depression
Cures for 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…
Claim Your Charter Member Subscription to the Economic Prism
E-Newsletter here.
~~~~~~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.
Claim Your Charter Member Subscription
~~~~~~~~~~~~~~~~~~~~~~~~~
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.
Sincerely,
M.N. Gordon
Great Depression Online
P.S. You are invited to join us at the Economic Prism
E-Newsletter.
Claim Your Charter Member Subscription
P.P.S. Also check out the Economic Prism E-Newsletter website for all the latest.
-----
What
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...
The 1929
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.
Gold
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.
What is
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.
The
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.
The Great
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
How To Protect Your
Wealth And Profit During Financial Disaster