SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Chispas who wrote (102016)3/8/2009 9:13:36 PM
From: LTK0074 Recommendations  Read Replies (2) of 110194
 
And they said it can't happen again while it ALREADY is happening, as that video reveals. The media cameras do a poor job of what is going down-NOW. Media is becoming quite talented at hiding hard realities. The box "communities" turning up in California. Those that that live in their cars in parking lots and so on.. Here is a "sound bite" from the 30s <<As unemployment skyrocketed, wages fell, and bank savings vanished into thin air, home and farm mortgage foreclosures soared. In empty lots on the edge of industrial cities, homeless men, sometimes with families, built crude shelters of packing crates and old pieces of metal. In the larger cities, whole colonies of these "Hoovervilles" were established. When municipal lodging houses became overcrowded, men huddled in empty freight cars or in shutdown factories. In Arkansas, men were found living in caves. By 1932, it was estimated that between one and two million men - once home buyers or proud family farmers - were roaming the country in search of work or relief.>>

i was looking for documention on the cave dwellers of the Depression, and grabbed this first reference i came across, but i read recently a source where thousands in Western Pennsylvania took to dwelling in caves in Pennsylvania--not just men, but families.

They tell us unemployment is at 8.1%, but from item posted here recently, we can say it is actually already 16%

source for that statement.
Message 25471039
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext