1929 DEPRESSION

1929 depression

 

1929 depression

The New Great Depression

So here we are in the beginning of the next Great Depression. It looks as though it will make the 1929 Depression look mild in comparison to what we will see today.



Violence is already rampant with gangs in the USA. During a Depression in todays world, nobody will be safe - not even in their own homes. Even the average yuppie will be transformed into a criminal, because stripping everything away from a person who has has leisure all their lives makes them snap.

Lets look at the definition of a Depression...

Depression: In economics, a period of drastic decline in a national or international economy, characterized by decreasing business activity, falling prices, and unemployment.

The causes of a depression are from manipulating money and markets. The Depression of 1929 was no different than the one that's coming on us now. Depressions are calculated and manufactured by the elite bank cartels that control the world for the most part. They create these events to take over more control of governments and take more freedom away from average people.

The first one of these Great Depression events in the US, was in 1906. It was created to cause panic so that the Federal Reserve could be established (by illicit means) in 1913.

The Great Depression of 1929 was manufactured to cause panic once again and allow bankers more government control, to confiscate gold and to set up Roosavelt's New Deal - a bad day for America.

Now with Obama as the front man for the bankers, a new Depression is being created. This one will once again allow the bankers more control - almost complete control of the government.

The 850 Billion dollar bailout was designed to destroy the US Dollar. The general purpose of this is to create the North American Union and introduce the Amero. Even though 87% of the American people were against these banker bailouts, our Congress did not do anything to stop them. They went AGAINST the American people's wishes and broke the very Oath of Office that they swore on the Bible to uphold.

As always, We The People pay for these crimes dearly with our lives and freedom.

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The 1929 Great Depression

There are many differences between the Great Depression of 1929 and what we are about to see. We are in a time now where devastation and loss of life from a depression will be magnitudes greater. Let's look at a few statistics from 1929...

Statistics

  • Bank failures – pulling down businesses with them
  • Banks calling in mortgage paybacks on loans
  • 25% + unemployment rate + 25% pay cuts (total 50%)
  • Credit dried up – couldn't get it from any source
  • Starvation, poverty and death – no food or money available
  • Massive suicide rate
  • Total loss of everything for almost half of the population




f Office that they swore on the Bible to uphold. As always, We The People pay for these crimes dearly with our lives and freedom.