Why America Is Facing Another Great Depression AS WE SPEAK!

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Why America Is Facing Another Great Depression AS WE SPEAK!
Could we be on the brink of another Great Depression? It’s a question that’s echoing across social media, news outlets, and even dinner tables. Imagine a world where unemployment skyrockets, markets crash, and the breadlines of the 1930s make a haunting return.
Today, we face unprecedented economic challenges. Inflation is at a record high, and the cost of living continues to soar. People are starting to draw eerie parallels between now and the devastating economic collapse that defined a generation. But what can history teach us about our future?
In this video, we’ll explore the theories suggesting we might be heading towards another economic meltdown. We’ll delve into the key indicators, government responses, and expert opinions to understand whether these fears are founded or merely speculative. What can we learn from the past to prepare for what lies ahead? Let’s find out.
#greatdepression #nostalgia #1930s
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All music is created by the channel owner or licensed by Epidemic Sound

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30 май 2024

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Комментарии : 33

@MrDavidrex 15 дней назад

Brother being raised by grandparents born in the 20s and knowing their parents listening to the stories, wow. Rural Iowa and Colorado those people were amazing and knew true diversity. Now a grandpa with 40 years of business experience and understanding financial trends, this will happen and it will probably be the only thing to save our grandkids from the clueless debauchery we witness these days. Great content.

@jameswirth3117 18 дней назад

The Great Depression should have been a minor recession, but the Federal Government made it worse. Congress raised taxes in 1930 and again in 1937; the Smoot-Hawley Tariff of 1930 (an incredibly bad idea, that precipitated World War II); and most importantly, the Federal Reserve contracted the money supply by 30%, and that brought about a credit crunch and deflation. Thank you Uncle Sugar! Had none of these events happened the Great Depression would have been a run of the mill recession.

@ericbitzer5247 12 дней назад

The Fed did it absolutely. How the super rich got much richer. Buying everything up pennies on the dollar.

@Stoned2072 Месяц назад

Wenn man in die Kinder Gesichter schaut, sieht man selten ein Lächeln. Aber manche Kinder machen trotz Armut ein freundliches Gesicht .😐

@19800910 Месяц назад

Well done!

@andiburger9998 Месяц назад

hi is this the place for requesting new topics. if so, I would be interested in one video dedicated entirely to Glenn Miller. And maybe one follow-up about Abraham Lincoln. Both of them true American heroes. thank you!

@motoqueirocometa3096 Месяц назад

Faz tempo isso. No passado o sofrimento não 👎 foi só nos Estados unidos. Creio que foi no mundo 🌎 todo. E hoje muitos países continuam na miséria.

@jamesmiller4184 Месяц назад

Herbert Hoover: "WONDER BOY !!" -- President Calvin Coolidge

@ericbitzer5247 12 дней назад

Herbert Hoover had almost nothing to do with it. It was the Federal Reserve contracted the money supply to buy everything up pennies on the dollar. Same as bank of England when Rothschild faked selling when he bought everything up secretly when he knew England won the war over France.

@ericbitzer5247 12 дней назад

My reply deleted

@jamesmiller4184 11 дней назад

@@ericbitzer5247 Come ON, Eric! Do not be shy! We want to know! No-way could it have been that bad deserving removal! Are you a H.H. admirer? Well, there was much to admire about the fellow. He inherited a promising mess alright but did his best with it, I think. We await your opinionation/view . . .

@ericbitzer5247 11 дней назад

@@jamesmiller4184 I was able to write it not in a reply.

@ericbitzer5247 11 дней назад

@@jamesmiller4184 Fed

@ericbitzer5247 12 дней назад

YOU TUBE CENSORS TRUTH!!

@PistonAvatarGuy Месяц назад

Tax the rich!

@jameswirth3117 18 дней назад

A better answer is cut spending. Uncle Sugar now spends 25% of GDP. If government spending went back to 18%, where it normally has been since the end of World WarII, the economy would boom, and Sugar wouldn’t need to raise anyone’s taxes because Sugar would be flush with cash. Too late for Biden to do this, because if he could he would blow Trump right out of the water. But hey, you can’t fix stupid!

@ericbitzer5247 12 дней назад

I CANNOT REPLY TO COMMENTS.

@stevefischer9336 Месяц назад

The economy is super - a huge level of job growth - stock market is soaring. Why not use an honest headline instead of a come-on?

@Bigfoot1962 Месяц назад

Joe potato

@randydelaney7053 Месяц назад

People today are Too damn Soft even manual labor doesn't exist anymore really. Not since our world became computerized. Everything is Digital and Robots and computers are taking over and people are getting lazy too lazy to survive a Great Depression today. Except in third world nations where the level of poverty has kept computers and technology out of their hands so they still do things by hand the old fashioned way. People back in the 30s were way more able to work and didn't care what they had to do if it provided for their families. Like Selling Apples or building roads. People were just happy to have a job any job back then. Sad but true we've gone downhill ever since.

@randydelaney7053 Месяц назад

Also as we saw during the pandemic people are far to self centered self entitled and immature today thinking the government owes them stuff, in the 30s you blamed your self not your government, as well. I have a lot of respect for the older generations who lived in those days. This whole situation wasn't fair but they stuck it out. A great generation if you ask me.

@andrewrodriguez7431 Месяц назад

@@randydelaney7053You both realize what brought the US out of the Depression was the FDR and government and WWII, right? The Federal Government put millions of people back to work as part of the New Deal. Its goal was aimed at lifting the people and regulating the banks and corporations, which is still law today. Yeah, people were given a scratch in stimulus money during the pandemic, but companies and industry were given billions...all we hear about though is how terrible it was that people got $1500 checks. Yeah, that caused the out of control inflation, not corporate greed and taking advantage of the narrative.