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>standard outcomes of a recession That is a recent trend due to our governments selective action. Back in the 1929 crash it was the rich wall street types who
by barbacoa 6y ago
>standard outcomes of a recession
That is a recent trend due to our governments selective action. Back in the 1929 crash it was the rich wall street types who lost everything and were jumping from tall buildings to their deaths.
- umeshunni 6y agoHuh? You may want to educate yourself on the impacts of the Great Depression that followed https://en.wikipedia.org/wiki/Great_Depression_in_the_United_States https://en.wikipedia.org/wiki/Great_Depression_in_the_United...
- dragontamer 6y agoNot really. The 1929 crash coincided with the great Dust Bowl, where many family farms were destroyed by a dust storm. All those farmers left their broken farms, and went to the city looking for work... Only to find that the great depression wreaked the cities too. Back then, a much larger portion of America was farmers.
- barbacoa 6y agoYou're inferring something I didn't say. We are seeing a dramatic rise in the suicide rate in the USA in the last few decades as the middle and working classes lose the economic advancements that their parents generation worked to attain. All the while the economic have gain more. Not saying the non-rich were spared from the great depression.