Path of global economy

October 29, 1929, was a dark day in history. "Black Tuesday" is the day that the stock market crashed, officially setting off the Great Depression. Unemployment skyrocketed--a quarter of the workforce was without jobs by 1933 and many people became homeless. President Herbert Hoover attempted to handle the crisis but he was unable to improve the situation. In 1932, Franklin Delano Roosevelt was elected president and he promised a "New Deal" for the American people. Congress created The Works Progress Administration (WPA) which offered work relief for thousands of people.

The end to the Great Depression came about in 1941 with America's entry into World War II. America sided with Britain, France and the Soviet Union against Germany, Italy, and Japan. The loss of lives in this war was staggering. The European part of the war ended with Germany's surrender in May 1945. Japan surrendered in September 1945, after the U.S. dropped atomic bombs on Hiroshima and Nagasaki.

Category:

News & Politics

Tags:

• nwo
• economy
• dollar
• bank
• bernanke
• paulson
• USA
• global
• conspiracy
• fed
• fascism
• future
• zeitgeist
• awaken

[ZeAwakening]

If someone looks at the date of this clip creation, you will see that only a fool will deny the path he is on. IQ is the ability to use knowledge, not the ability to accumulate it. If so, your encyclopedia have higher IQ than you.

[marouli22]

your an ass...this may have been or probably is the best thing the bush administration has ever done to actually create stability in this country. maybe, just maybe the government did create this problem from before, but every idiot american who thinks they can afford something when they cant is also at fault. we should be so grateful that the gov't is doing this. we've enjoyed tax cuts long enough...lets pay for something now that will help our economic situation!

[ZeAwakening]

So what do you pay with ? Create debt to solve debt problems, sounds strange.

[doughboy22222222]

oh, WE are going to pay allright!!!! going to take many painful years to pay off this 12 trillion dollar mess this MORON got us into. and as usual the poor and elderly and disadvantaged are the ones that will suffer the MOST!!!!!!!!!!

[gotactivated]

This short vid is clear enough for a baby to understand what's going on! Still there are none blinder as those who would not see!

Time is short, be ready!

[o0splitpaw0o]

Federal reserve making money out of thin air to solve the problem, which will reduce the value of the dollar. SOunds like a GREAT plan! WEEE! how much is a dollar worth 10 cents now per dollar, now after this it will be... a penny?! So your retirement will be worth... a penny per dollar.. Prepare to work till your 80.