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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: TobagoJack who wrote (27815)1/25/2003 9:17:27 PM
From: Ilaine  Read Replies (2) of 74559
 
Hi Jay - I don't believe that China had a Roaring 20's. Nor did most of the countries in Latin America that were crushed by the Great Depression. For that matter, DJ can tell me if I am wrong, but I don't think that Germany had a Roaring 20's.

I realize that in the iconic lexicon of the era, first you see the Roaring 20's and then you see the breadlines, but in fact, the one did not cause the other.

Nor did the collapse of the New York Stock Exchange cause the Great Depression, heresy though that probably seems.
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