sakinago
Gold Member
- Sep 13, 2012
- 5,320
- 1,632
Stock markets crash around every 8-10 years or so. Shit gets bad during those times, but then they usually recover, or least start to recover in 2-3 years, or so. Those are called recessions. When the markets crashed in 1929...no one at the time said “oh my god, this is gonna last over a decade, and that the federal reserve and government are going to do shit to make it worse.” Because they don’t have technology to peer into the future. So after a couple years of the federal reserve pumping the breaks and making everything worse, it wasn’t until then that people said wow shit is bad and then eventually a recession became the Great Depression.He said FDR caused the Great Depression !!You totally muffed your history lesson. D-No shit, did I say anywhere that Hoover was great? No, I said he tried progressive policies. Policies that fucked shit it up. FDR came into power in 1932, when did America come out of the Great Depression? Hint: he was dead and the rest of the modern world was fucked sideways by total war while America was spared.Dude, FDR was the governor of New York in 1929.... Then FDR took over, and turned the recession into the Great Depression...
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Wasn't president until 1932.
Bigger question, why did we come out of a much greater recession 9 years before hand and turn it into an economic boom within a year and a half vs the great depression lasting so long? Should we take a peak at the policies enacted during the time and compare and contrast? That sounds reasonable right? Seems like that’s the logical thing to do right?
actually he aced it.
Some people probably shouldn't do drugs - mom ever tell you ?