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The Federal Reserve Purposely Collapsing the US Economy

July 27, 2009 by  
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5 Responses to “The Federal Reserve Purposely Collapsing the US Economy”
  1. I cannot wait to see more of this great topic. So much from it Ive never even looked into. You sure did put a good solid twist on something that Ive heard a lot of about. I dont believe Ive actually read any scenario that does this subject as good justice as you only just did.

  2. Omnia says:

    The Great Depression was not a sudden total copslale. The stock market turned upward in early 1930, returning to early 1929 levels by April, though still almost 30 percent below the peak of September 1929. Together, government and business actually spent more in the first half of 1930 than in the corresponding period of the previous year. But consumers, many of whom had suffered severe losses in the stock market the previous year, cut back their expenditures by ten percent, and a severe drought ravaged the agricultural heartland of the USA beginning in the northern summer of 1930.In early 1930, credit was ample and available at low rates, but people were reluctant to add new debt by borrowing. By May 1930, auto sales had declined to below the levels of 1928. Prices in general began to decline, but wages held steady in 1930, then began to drop in 1931. Conditions were worst in farming areas, where commodity prices plunged, and in mining and logging areas, where unemployment was high and there were few other jobs. The decline in the American economy was the motor that pulled down most other countries at first, then internal weaknesses or strengths in each country made conditions worse or better. Frantic attempts to shore up the economies of individual nations through protectionist policies, like the 1930 U.S. Smoot-Hawley Tariff Act and retaliatory tariffs in other countries, exacerbated the copslale in global trade. By late in 1930, a steady decline set in which reached bottom by March 1933. Was this answer helpful?

  3. Silvia says:

    A DAY LATE AND A DOLLAR SHORT Hillary raised 3.5 miollin after the Pennsylvania Primary. She expects to challenge Obama in an area where he appears stronger; Indiana and North Carolina. She will need more money, you can expect a teery eye demand soon to her supporters if she is to mount a credible challenge against Obama. She should quit and spare her the embarrassment of another defeat and a bankrupt campaign.

  4. Fbfdg says:

    their is a bit more. the Dust bowl was a major hit to the agricultural side of the ecnomoy, in accordance with the other aspect of the ecnomoy, wall street. it was a double hit with banks loosing their money and massive relocation of the agricultural sector to find work elsewhere. with very little money in circulation merchants suffered from deflation, which is the price of their merchandise falling so they cant make ends meet either. so unemployment way up, without banks ability to loan, and no $ in circulation. the war saved us because it allowed the gov’t to contract work out to factories. but after the war it got bad again because mostly all the factories where suited for making military stuff which wasn’t needed any more, then we have Roosevelt and the “new deal” in order to get people jobs. Was this answer helpful?

  5. I have observed that clever real estate agents all around you are getting set to FSBO Marketing. They are recognizing that it’s more than simply placing a sign post in the front yard. It’s really regarding building connections with these vendors who sooner or later will become purchasers. So, if you give your time and effort to encouraging these traders go it alone — the “Law connected with Reciprocity” kicks in. Good blog post.

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