The Great Depression

[HansRiigaa]

Happy new year

from ray

Paris

[SacredSocietyAP]

2:29 NOW THATS HOW YOU OCCUPY WALL STREET.!!! .

[ManicRaider]

Why commit suicide because you have little money? Bums live their lives without having any money at all.

[ClassicHorrorDB]

4:28 which "episode" of Felix the cat is that?

[angelparsifal]

What are the songs played? I'm interested in the suicides one.

[CAinfowarrior]

Federal Reserve Act + World War 1 + Stock Market Crash = Great Depression 1930's. Federal Reserve Act + Afghanistan/ Iraq + Housing Marking Crash = Great Recession 2010.

[njguitarnewbjk]

wow. this video was pretty crazy. i'm studying economics so I'm learnign about this time period and how we might have Great Depression 2. It's really scary. Their lives sucked after 1929.

[verdemanthe1]

@njguitarnewbjk look at 1930 unemployment rate compared to now,keep in mind in 1930 they counted all unemployed(no unemployment insurance back then) now unemployment only accounts for those recieving unemployment benefits,wrap your head around that and tell all your friends in class,also ask your teacher about the federal reserve bank(federal like federal express) and its effect on the economy if you push the issue youll probably get kicked out of class

[lunchmeat400]

looks like 1997 usa.

[2indulgent]

interestingly, the Great Depression was preceded by a time of great concentration of wealth and the rise of a super-rich class just like today's economic downturn. But today's super-rich make those of the 1920s look like paupers by comparison.

[bonfirejovi]

@2indulgent Everyone was more prosperous in the 20s than during the previous decade. Not like today where there is huge collusion between big business and big government.

[Theonlydeviluknow]

thers no embed code and i can`t favourite this vid

[STOPPUCKNOW]

how depressing

[snowman11686]

brother can you spare a dime?

[WhatCanIsay100]

We are losing everything again.

[enyawix]

This needs to happen so everyone can compete on close to equal terms.

[jgrab1]

@enyawix

It never happens to "everyone" so people don't compete in "equal" terms, whatever that is anyway. The Carnegies and Rockefellers weren't selling apples in the 30s; they were fine. And the Fed heads and Wall Street Bankers are fine this time too, by scaring all the rest of us into believing if they fall we'll suffer even more. We're already suffering--they're just afraid they'll have to join us so they use scare tactics. And we fall for it, every time.

[JessicaBelle81]

Amazing how many clips of the great depression are on youtube now. Two years ago I knew the markets were going to collapse and I was searching for clips of the great depression and only found a few.

[PropertyIsTheft1969]

i was on about it whilst teaching bloody 'Mice of Men' with asides about how we were kinda in it again but nobody realied yet!

[TitanicExpert]

My father lost everything in the Great Depression.

[MrsRat2U]

Reagan was the best president we ever had. No one has filled his shoes since;.

[MMeMargoulette]

Hoovervilles come directly from supply side economics. Renamed Reagonomics and carried on by all since.

Is it any wonder we are there again?

[bonfirejovi]

@MMeMargoulette Hoover was a staunch interventionist/ protectionist and had nothing to do with free markets. Smoot-Hawley is about as anti-free trade as you can get.

[stupidyoungmanvideos]

Amazing video

[PoirotAndCo]

Incredible...I just love your videos. Can you tell me where you get these incredible images from?

[Jasminewynja]

And thank's for a great video clip btw!

Chees from the frozen hell on earth this time a year, Sweden xP

With love <3

Jasmine

[Jasminewynja]

Isnt this the back side of capitalism? I mean, destroying the production because there is no buyers where there still are needers? Than's crazy IMHO. Please excuse my bad english :)

Now to clarify one thing, i'm NOT against capitalism. But example like that, when food is destroyed because no one can afford it instead of giving it away is just crazy. In EU we use taxmoney to buy food from farmers, then we destroy it so the prices wont go down to much. How smart is that on a scale 1 to 10?

[barbarianopinion]

About a 1...at best. You're on to the point...at that time US government progressives, malthusians, and radical conservationists came together to "limit" the economy for the "good of society." They truly believed there should be less production, less food, less population etc., and the key was to restrict the economy...even shrink it.

See any resemblance to some of the radicals who are seeking similar goals today? They haven't changed...just updated their stories.

[bonfirejovi]

@Jasminewynja Destroying food so as to make farmers richer is crazy but it has nothing to do with free market capitalism. It was Hoover and FDR wanting to help out the farmers. This practice is carried on today with destruction of oranges so as to keep the price of orange juice higher. These idiotic government measures lead to a lot of hunger. These are the faults of the mixed economy and government intervention. It is sickening and deeply offensive.

[papillonaquatique]

@Jasminewynja The food was destroyed because no one could afford the gas to transport the food. If you leave food rotting it also creates a health hazard since it becomes nothing more than rotting garbage.

[bearcub410]

one of the best clip on you tube thanks the best

[Aaron1912]

Some people did. Here are two accounts.

Letter from Winston Churchill

"I was awakened the day after Black Tuesday by the noise of a crowd outside the Savoy-Plaza Hotel, New York. Under my very window a gentleman cast himself down 15 storeys and was dashed to pieces, causing a wild commotion and the arrival of the fire brigade," he wrote.

[Aaron1912]

On November 8th 1929 a Wall Street worker wrote to a friend and said.

"Yesterday a woman jumped from the roof of our building 44 floors right past our window. I saw her body lying in the street. The sight was so harrowing I became half sick."

[CornyCrafts]

I have a feeling this is what the U.S. is headed for...

I hope that old phrase "History Repeats It's Self" Isn't always true.

[dandruff71]

Why did they tear up the sidewalks? You can't burn bricks.

[Aaron1912]

They were made of wooden blocks. Very few survive today.

[Stompy23]

I am not a friend of arbitrarily assembled film glimpses, but this one is exceptional in its conception and expressiveness. Thanks for letting us dip so profoundly into the very end-1920s atmosphere!

[Mikey34549]

Banks allot Fed. Fiattastic! Thank goodness that can't happen ever again. :)

[fatsfan70]

I'm sure that was the popular English comedy actress Peggy Mount having a last cuppa tea before she jumped at 1:25. My dad used to say she had a voice like the Bull of Bashan!

[mrsbrown333]

those who do not learn from the past are doomed to repeat it. sigh.

[kardel100]

yes and sadly history shows great wars within ten years of great depressions :(

[anarksee]

Santayana?

[JCJasion]

This is happening again.

[Cozmixcartoons]

Thats too bad.

[ordix44]

2008 !!! keine Panik, es war alles schon einmal

da....vor 80 Jahren !!!....alles wird gut ???

[idasynco]

This one was chilling. You put together quite a drama packed vid here, along with the music of the era. Just last week I talked with one of my patients about when her dad destoyed his wheat crop and burned it for fuel during the depression. There was no market for it!!

[kspm01]

Fascinating footage and evocation!