The Great Depression vs The Great Recession

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#1 Wed, Aug 20, 2014 - 6:36pm
hampton, NH
Joined: Jun 24, 2013

The Great Depression vs The Great Recession

The Great Depression taught savings- the Great Recession teaches speculation

20:00- 21:50 discussion how the stock market continues to rise on any news, good news, no news or bad news. The stock market is viewed as a barometer for the health of the economy. The current stock market is based on speculation. During the Great Depression, people learned thrift and savings. During the current Great Recession, people borrow and speculate.

The Difference Between the Great Depression and The Great Recession

Podcast Summary:

Edited by: Smaulgld on Nov 8, 2014 - 5:01am