g5000
Diamond Member
- Nov 26, 2011
- 125,228
- 68,948
Thank you for providing the correct link. The other link does not have that quote in it, dumbass. Read your own links!That quote is not in that link.b. "The Great Depression (1929-39) was the deepest and longest-lasting economic downturn in the history of the Western industrialized world. In the United States, ..."The Great Depression - Facts & Summary - HISTORY.com
As a matter of fact, the Great Depression was NOT the longest lasting downturn. The Long Depression was.
Before we went off the gold standard, the U.S. had more frequent and longer lasting economic crashes.
Those countries which were not on the gold standard when the Great Depression hit did not suffer as badly as those that were on the gold standard. And those countries which went off the gold standard soonest recovered the soonest from the Great Depression.
Haven't you learned never to doubt me, bomb-expert????
"....the Great Depression (1929-39), the deepest and longest-lasting economic downturn in the history of the Western industrialized world up to that time."
Stock Market Crash of 1929 - Facts & Summary - HISTORY.com
If you ever get around to reading....
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Nevertheless, it is a fact that the Great Depression was NOT the longest lasting economic downturn. The Long Depression of 1873 – 1879 was.