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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: smolejv@gmx.net who wrote (4898)6/13/2001 11:44:20 PM
From: Ilaine  Read Replies (1) of 74559
 
>>The year [omitted] was dreadful. It marked both the beginning of a long and deep depression and a time of severe economic crisis. "Never before had there been such a sudden and striking cessation of industrial activity. . . . Nor is any section of the country exempt from the paralysis; mills, factories, towns, mines nearly everywhere shut down in large numbers, and commerce and enterprise are arrested to an extraordinary degree . . . . and hundreds of thousands of men thrown out of employment."

In retrospect, just a blip on the long duree of prosperity. The year, 1893.

I know, I know, boring, and I won't inflict it on you guys anymore. I'd take a vacation from SI except that a couple of people keep talking about things that intrigue me.
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