Based on what 155 years of historic precedent tells us about notable declines in M2 and the performance of the U.S. economy ...
The longest recession in American history took place between 1929 and 1939. Known as the Great Depression, this economic crisis was noteworthy in terms of both its length and its severity.
The American economy had suffered economic downturns and slumps before, but the Great Depression was the worst in the country’s history. It affected more people and lasted much longer.
There were several factors that led to the Great Depression. Although the US economy boomed during the 1920s, the prosperity of this decade was not built on firm foundations. In September and ...
Cavallo, Alberto, Sophus A. Reinert, and Federica Gabrieli. "The Global Great Depression, 1929-1939." Harvard Business School Case 722-034, November 2021. (Revised January 2024.) ...
Before the Christmas break, we ran a short series on how the Great Depression unfolded in Friday's Money Mornings (you can check out the most recent one here, and see the whole history page here).
But the interesting thing about history is that investor perspective ... It didn't matter if they held through the Great Depression, Black Monday, the dot-com bubble, or financial crisis ...
History is a revolving door that swings in ... This marked the first time since the Great Depression that M2 had dipped by more than 2% on a year-over-year basis. However, this historic drop ...
Robert Bothwell, an emeritus professor of Canadian history at the University of Toronto, said the Smoot-Hawley Tariff Act was ...
Economically, the situation was even worse as the country was heavily in the throes of the worst financial catastrophe it had ever seen: The Great Depression. According to the History Channel ...
However, comparing it to the Great Depression is hyperbolic. This is reminiscent of the old Harry S. Truman adage, “It's a recession when your neighbor loses his job; it's a depression when you ...