Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: LLCF who wrote (8638)	9/10/2001 9:23:20 PM
From: Ilaine	Read Replies (2) of 74559

>>you haven't lost your touch with changing the story to fit your [limited] knowledge however. I see you've totally backed of the original points. I see you've totally backed of the original points.<< I have no idea what story you are talking about. Is it the point I made about Russian wheat dumping? Are you saying I've totally backed off the point that the Russians dumped wheat? Because I haven't. Let me try clarifying something for you. There was no one cause of the Great Depression. There were a multitude of causes, some monetary, some non-monetary, some related, some unrelated. What I am working on now is collecting causes, and putting them on a time-line. I call these multiple causes "triggers." Russian wheat dumping is "a trigger" I'm looking at now. You're right, I don't know much about wheat. I just started looking at wheat. Wheat was, and maybe still is, the most important agricultural crop in the world. One recent (1970's) book I looked at said that 25% of the world's crop land is planted in wheat. But I do know that the Russians dumped wheat, and I know it made world wheat prices lower in 1930 and 1931.

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