Great Depression
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morri
What were some of the causes of the Great Depression?
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bulldog1
Replied to:  What were some of the causes of the Great Depression?
Structural failures, such as bank failures and stock market crashes, are among the major causes of the Great Depression.
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cyclotreker
Replied to:  Structural failures, such as bank failures and stock market crashes, are...
Some economists point to Britain's adherence to the Gold Standard after WW I as one of the causes of the Great Depression.
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replied to:  morri
Blogengeezer
Replied to:  What were some of the causes of the Great Depression?
Until 1935 there were no restrictions on borrowing far more than tangible assets value (debt ratio). The huge loans were based on projected future earnings. A similar scenario again returned into vogue in the late 1990's with the Carter administrations long dormant 'Community Re-investment Act' being given 'power of enforcement' by the Clinton administrations Congress.
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ChrishTiyan
Replied to:  Some economists point to Britain's adherence to the Gold Standard after...
Its about losing the one we love. listen to christian music and get your life back.I am very happy to know that a modern prophet Kim Clement had made prophetic music. It brings me to life hearing his prophetic words and it touches me so much. I just bought one of his prophetic books, and believe me, very word that he said is carrying great weight to appreciate life.make your life meaningful too.
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mataripis
Replied to:  What were some of the causes of the Great Depression?
Simply immorality !
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