Wednesday, July 22, 2009

Great Depression

Found this interesting read today on thehousingbubblebust.com.

Here is a quote from it:

The Gap Between Production and Consumption. In the 1920's the US was producing a lot more than it was consuming. This time around, the US is consuming a lot more than it is producing.


The link is http://www.housingbubblebust.com/IsDepressionNext.html

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