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A list of ways this economic collapse is different from the great depression

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DaJavoo Subscriber

Forum Barkeep
User ID: 804310
10/27/2009 8:11 PM

Re: A list of ways this economic collapse is different from the great depression	Quote
Two biggies: Most people did NOT own their own homes. Much better support system with more multi-generational homes.

Freethinker Subscriber

They can't eat ya...
User ID: 803599
10/27/2009 8:24 PM

Re: A list of ways this economic collapse is different from the great depression

Quote

Two biggies:

Most people did NOT own their own homes.

Much better support system with more multi-generational homes.

Quoting: DaJavoo

the multi-generation thing is really huge. think of how the Walton's lived.

I am very fortunate to have been placed in a family that still lives this way, for the most part.

and it does no harm to the beauty of the sunset to understand the mysteries of the sun

Eagle # 1
User ID: 802743
10/27/2009 8:28 PM

Re: A list of ways this economic collapse is different from the great depression

Quote

Not only was there no TV, you were considered LUCKY to have a radio.

My father had a phone put in because he needed it for his carpentry business AND it became a legal tax deduction.

Most ALL people lived in/next to/near woodlands, swamps and ponds/lakes, so hunting and fishing was a second source of food. There were still plenty of muskrats to trap for fur, as well as skunks AND ladies WORE FUR COATS !

Children DID 'slop the hogs', hoe the garden, pick apples, and gather blueberries, huckleberries, blackberries, for pies and picked up nuts from hickory tree for cracking and to use in cookies. I DID them ALL, and with found memories of the family joining in on weekends.

Almost everyone had a garden, and canning vegatables for winter time use was COMMON !

Eagle

Freethinker Subscriber

They can't eat ya...
User ID: 803599
10/27/2009 8:30 PM

Re: A list of ways this economic collapse is different from the great depression

Quote

Quoting: Eagle # 1 802743

*sigh* I was born out of my natural time I guess...

and it does no harm to the beauty of the sunset to understand the mysteries of the sun

Eagle # 1
User ID: 802743
10/27/2009 8:33 PM

Re: A list of ways this economic collapse is different from the great depression	Quote
One more thing that is RADICALLY different now. People considered it a disgrace for anyone to know they were on 'relief' ( receving food from the town ). There was NO Social Security, and many grandparents LIVED with their children and helped instruct/raise them. Teachers and other town employees took PAY CUTS, and were happy to keep their jobs ! Eagle

DaJavoo Subscriber

Forum Barkeep
User ID: 804310
10/27/2009 8:35 PM

Re: A list of ways this economic collapse is different from the great depression

Quote

One more thing that is RADICALLY different now.

People considered it a disgrace for anyone to know they were on 'relief' ( receving food from the town ). There was NO Social Security, and many grandparents LIVED with their children and helped instruct/raise them.

Teachers and other town employees took PAY CUTS, and were happy to keep their jobs !

Eagle

Quoting: Eagle # 1 802743

Times sure have changed.

bbshock

Eagle # 1
User ID: 802743
10/27/2009 8:36 PM

Re: A list of ways this economic collapse is different from the great depression	Quote
Also, although the auto was here to stay, there were MANY horse drawn carriages and wagons. My mother was still getting our garden plowed with horse and plow into the 1960s. Therefore, a LOT LESS pollution ! Eagle

Anonymous Coward
User ID: 792204
10/27/2009 8:44 PM

Re: A list of ways this economic collapse is different from the great depression	Quote
Ecellent brain storming, keep it going. After the list is complete I think you should compare it to the reasons for the fall of Rome. I have no doubt you will be astonded at the simularities between Rome and US leading up to there fall.

ANNONYMOUS
User ID: 661006
10/27/2009 8:46 PM

Re: A list of ways this economic collapse is different from the great depression	Quote
People then knew what the US was and what it was all about. Although the average person may have not been able to articulate it they understood it. And while there were heated open disagreement about policies if this country was in danger WE CAME TOGETHER TO PROTECT IT. Not so sure about these things today.

Freethinker Subscriber

They can't eat ya...
User ID: 803599
10/27/2009 8:49 PM

Re: A list of ways this economic collapse is different from the great depression

Quote

People then knew what the US was and what it was all about. Although the average person may have not been able to articulate it they understood it. And while there were heated open disagreement about policies if this country was in danger WE CAME TOGETHER TO PROTECT IT. Not so sure about these things today.

Quoting: ANNONYMOUS 661006

political division. very good one.

we are so divided. right down the middle.

and it does no harm to the beauty of the sunset to understand the mysteries of the sun

Anonymous Coward
User ID: 802743
10/27/2009 9:07 PM

Re: A list of ways this economic collapse is different from the great depression	Quote

Anonymous Coward
User ID: 717934
10/27/2009 9:17 PM

Re: A list of ways this economic collapse is different from the great depression	Quote
15. Massive influx of non-white races.

Anonymous Coward
User ID: 717934
10/27/2009 9:17 PM

Re: A list of ways this economic collapse is different from the great depression	Quote
15. Massive influx of non-white races.

Anonymous Coward
User ID: 803599 (OP)
10/27/2009 9:22 PM

Re: A list of ways this economic collapse is different from the great depression	Quote
15. Massive influx of non-white races. Quoting: Anonymous Coward 717934 you mean like American Indians?

Anonymous Coward
User ID: 706217
10/27/2009 9:33 PM

Re: A list of ways this economic collapse is different from the great depression

Quote

People don't see too interested in what really caused the crisis. They mistakenly think giving up their freedom and becoming more enslaved will solve it. *facepalm*

You can't free yourself from slavery and poverty by begging your slave masters for help. They will continue to offer you solutions that only increase your poverty and slavery.

The Real Cause of the Current Financial Crisis

[link to www.youtube.com]

"Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose." - John Maynard Keynes, 1919
[link to en.wikiquote.org]

"There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved." - Ludwig Von Mises, Human Action, a Treatise on Economics, (Fox & Wilkes, 4th rev. ed., 1963)
[link to en.wikiquote.org]

Punk A$$ets
User ID: 763071
10/27/2009 9:35 PM

Re: A list of ways this economic collapse is different from the great depression

Quote

Here is a big difference:

In the last century, major economic crises (such as the Great Depression, World War II, the first and second oil crisis) lowered the Dow/Gold ratio (which is inherently inflation adjusted) substantially, in most cases to a value well below 4.[44] During these difficult times, investors tried to preserve their assets by investing in precious metals, most notably gold and silver.

We have aways to go before this ratio is reached...I susupect it will be reached. I think the closest we have come so far was in March of 09 when the ratio was around 8.

[link to en.wikipedia.org]

Last Edited by Punk A$$ets on 10/27/2009 at 9:38 PM

Michael Weiner
User ID: 692031
10/27/2009 9:46 PM

Re: A list of ways this economic collapse is different from the great depression	Quote
race aside - it is true that there was no ESL program - My grandparents had to learn english as adults if they wanted to work here - no dual or triple language ballots - no dual language signage - no press 1 to continue in english.

ANNONYMOUS
User ID: 661006
10/27/2009 10:16 PM

Re: A list of ways this economic collapse is different from the great depression	Quote

Anonymous Coward
User ID: 792204
10/28/2009 6:23 AM

Re: A list of ways this economic collapse is different from the great depression	Quote
Bump so I can find and write down. Really good points here. Worth a read if you missed this.

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