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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: regli who wrote (69816)	9/15/2006 11:27:21 AM
From: GraceZ	Respond to of 110194

Somebody was surely making a pile during the Great Depression, when you are talking macro economics one's personal experience or regional experience can vary greatly from the macro. I couldn't find a job during that period but then I found it was a great time to start my own business. I would probably never have done that if I'd found a job. I created my own job. Transitional periods when large numbers of workers find their skills to be obsolete in declining industries are often a good time period for new technologies and business plans. I've read more than one economist who refers to the period of the 70s to the early 1980s as an "Inflationary Depression".