CAUSES OF THE GREAT DEPRESSION

causes of the great depression

 

causes of the great 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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Ecommerce and the Great Depression Lessonby Scott Lindsay

The Great Depression is long past the memory of most individuals. So, for a brief history lesson this economic collapse happened in 1929 in the United States and took almost fifteen years to end. *

In our recent economic climate there are many who wish to point out lessons learned from this event. Obvious lessons include the need to spend less than you receive in wages, save money whenever possible, use what you do have as long as possible and find ways to cut back.

The Great Depression is a historical monument to frugality. Many who lived through that era remained frugal throughout their lives. This is in stark contrast to the last few decades. We often want what we want when we want it and don't mind using credit to get it.

I think one of the biggest lessons of this economic misstep is that we should not wait for someone to bail us out. We need to have a strong sense of self-reliance.

This is especially true of those involved in ecommerce. The growth of business online is staggering. It is something that is used by some as their sole means of income while others use it to supplement an income that may not quite cover all the expenses.

Face it; many people are looking for work. The Internet may actually provide the feeling of becoming a mom and pop establishment of the past in this modern age of fast page corporate lifestyles. *

There are numerous couples who are turning to ecommerce and home-based business as a means of escaping the lack of job security in the general workplace. Many do this intentionally and others are introduced to the idea through necessity.

These individuals are not looking for a handout. They are striving to meet the needs of their customers, and their families. They are spending long hours in site maintenance, product fulfillment and marketing. What's more they are loving every minute of it because for every hard hour worked they are finding great satisfaction in answering their own economic questions.

While others stand in long lines filling out applications that in some cases are being fought over by hundreds of other applicants these individuals are carving out their own way in an online environment. They are becoming their own boss and learning new skills that will allow them to care for their family over the long haul.

In the Great Depression men often had to travel great distances from their family in order to find work. The families they left behind were often evicted from their homes or worked especially hard to find their own way to raise money to keep a roof over their heads.

Those who figured out a way to pay their bills in these 'worst of times' were the ones who came out the other side with fewer scars and a greater attitude toward the days to come.

You, too, can get past the days we are currently in, but it will take hard work and it will mean relying on yourself more than you may have ever had to do before, but the good news is you can do it and an online environment is a cost effective way to build a business that will allow you to confront and conquer expenses.

About the Author

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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.