The current global recession experienced reminds me of a topic in American history: The Great Depression of 1920s. Often this economic activity has political and social consequences. Widely felt as a result of the Wall Street Crash, many Americans who invested in the stock market in the promise of large future earnings and wealth, lost lifetime savings and became dependent on government rations for daily sustenance.
To better know and understand this phenomenon, additional readings must be done. Below are resources worthy to be considered. Doing so, it is hope, that a better understanding and analysis of this and its relation to the present will be made.
Some materials for use in discussing the Great Depression
http://www.historesearch.com/20sdep.html
http://history-world.org/great_depression.htm
http://history.searchbeat.com/greatdepression.htm
http://www.j-bradford-delong.net/tceh/Slouch_Crash14.html
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