Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Mike Johnston who wrote (79040)	5/13/2008 7:53:03 AM
From: arun gera	Read Replies (1) \| Respond to of 116555

>They will soon start leaving in droves, forced by declining economy... People always emigrate from socialist, corrupt and inflationary economies Good points. But won't that be worse for the US economy? -Arun

To: Mike Johnston who wrote (79040)	5/13/2008 8:43:33 AM
From: arun gera	Read Replies (1) \| Respond to of 116555

>They will soon start leaving in droves, forced by declining economy, high inflation> The lowest period of US immigration in the last 100 years was during the depression years (wasn't it?). Your argument is that the depression caused immigrants to stop coming to the US. But could the following law have contributed? >The Congress passed the Emergency Quota Act in 1921, followed by the Immigration Act of 1924. The Immigration Act of 1924 was aimed at further restricting the Southern and Eastern Europeans who had begun to enter the country in large numbers beginning in the 1890s.> Other snippets en.wikipedia.org > of 1911-1929 killed an estimated one million Mexicans [3] and drove at least a million refugees temporarily into the U.S. Many returned in the 1920s or 1930s. The recorded immigration was 219,000 from 1910-1920 and 459,000 from 1920 to 1930. Because of the porous border and the poor or non-existent records from this time period, the real numbers are undoubtedly higher. This recorded number of Mexican immigrants drops to only 23,000 from the decade of 1930 to 1940. Indeed 100,000s returned during the Great Depression either voluntarily or with some U.S. persuasion. [edit] Immigration 1930 to 2000 Immigration patterns of the 1930s were dominated by the Great Depression, which hit the U.S. hard and lasted over ten years there. More people left the U.S. than arrived in some years in the 1930s. In the last prosperous year (1929), there were 279,678 immigrants recorded, but in the depression year 1933 only 23,068 came to the U.S. The National Origins Formula was established in 1927. Total annual immigration was capped at 150,000.> -Arun