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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Elroy Jetson who wrote (20607)10/24/2004 7:05:21 PM
From: glenn_a  Read Replies (1) of 110194
 
Hi Elroy.

((England survived the Great Depression with less pain than Germany, while America fared better than England.))

Thanks for the reply. But how does the claim "America fared better than England" (in the great depression) jive with the Industrial production figures from Kennedy's "The Rise and Fall of the Great Powers"? Also, what are the indicators you would refer to when making this statement?

I'm certainly not arguing that you are mistaken, because I'm not particularly knowledgable in this area at all. Rather, I'm just genuinely curious to understand the conditions of the time. If you would be able to expand on your post further, it would be greatly appreciated.

TIA.

Glenn
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