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The Colossal Damage the Great Depression Caused (EP2) I SLICE HISTORY | FULL DOCUMENTARY
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- เผยแพร่เมื่อ 14 ต.ค. 2023
- On Thursday, October 24, the Wall Street Stock Exchange crashes, the greatest economic crisis of the 20th century suddenly breaks out. Fuelled by frenetic speculation, and by the idea that everyone can get rich without limits, it puts a final stop to the euphoria of the 1920s.
America is then caught in a devastating cycle which spreads around the world a few months later like a malign infection. It reveals how the world's leading economy sinks into mass depression, allowing Hitler to rise to power, and how eventually Franklin D. Roosevelt brings hope and optimism back into the hearts of his people.
Documentary: 1929, The Great Depression
Directed by: William Karel
Production: ROCHE Productions
#history #documentary #freedocumentary #fulldocumentary #usa #economics #economy #society #greatdepression #crisis #ww2
Don't get too comfortable and don't be entertained. History repeats itself.
I need to pay close attention to theses stories. Its about to happen AGAIN.
Yes it is you are right
yes! the world is face to face with the plight of greed and privileged , an apatina organization that begins to privatize and monopolize, which race will be used,and are useless for their business purposes, drug dealers by another tittle 😮😅
The similarities are downright scary!
Yes, it is.
Yes it is bidenomics it’s being done purposely
The best Documentary on the events leading into the American "Depression" we have come across. Thanks for posting.
Most of the farmers had little food, wore shabby clothing, had few possessions , were behined with their rent- and then the depression happened !!!
My grandfather was Walter Ruthers body guard. Walter started the UAW. Tough times.
That's when the government,the federal government should have stepped in. Buy the farmers food,milk and give it out to the people who needed it. The great depression should have never happened
instead the federal government came in and paid the farmers to kill their own cows and bury them all/which then brought beef prices out of the deflation that happened. We should have had deflation........ whereby groceries, gas and utilities etc would have gone DOWN now instead they "fixed" it all by printing money to infinity!@
And governments would do the same again.
Never underestimate the power of ineptitude in our governments.
It is not ineptitude it is capitalism, the American way. You know the American way: you all sit around and do nothing while foreign workers do all the work for you.
The great depression was caused by Wall Street and all the investors. And the whole entire nation paid for it. IT took a world war to pull us out of it.
That’s hilarious you want the government owning industry
My father, mother, and grandparents showed signs of trauma from the Great Depression. Perhaps that's what made them America's finest generation.
😵💫🤨 sounds likw thier talking about today, not 1930s, throwing the food, while many go hungry, poeple sleeping on the street, while buildings and apartments are empty... Sounds just like now ‼️‼️ history repeating itself ☹️
There was a pandemic in 1918. If history is repeating itself then we have a world war to look forward to.
@@rudyavila1825 we are almost there best believe it
That’s so true
There a lovely strong bridges in City Park, New Orleans and very cool cabins, roads, lodges and trails in National and state parks. still in use today, all over the country, built by the army of civilians put to work by the New Deal in the 30s. I wonder when or if any of that would have happened otherwise.
Great leadership did pull us out of the mess. Along with WW2. I admire FDR more than any other POTUS. Which is strange because I hate politicians and he was the consummate.
Migration during the Great Depression is very different from the migration of 2023.
looks like what is happening today with no money left in the pot all been spent on covid this next war back in the Irish famine was hard enough why farmers being got rid off food shortages soil wont be good all the water been happening in places like China rice, tea, coffee, for what digital money.
Migration is now to foreign countries, that's where the danger is. In 1929 people moved but stayed in America. Today the biggest immigrant group in Portugal are the Americans, and more Americans move to Italy than to any other state in America.
Yes, they were American citizens back then, not invaders!
History repeats itself
I am thinking that this is about to happen again and this time is going to be worses than before not only usa but the world is upside down is about to brake down because of financial división people struggling working for nothing
I think about the 1800. From then on it was tremendous industry and slave wages. Then the banks overextend and everything crashes. After that it’s super easy to find labor for pennies.
True and scary, then and now, I am afraid.
Would have been nice for a voiceover during the French speakers… it’s difficult to listen to this and do things around the house when you can’t understand half of the things being spoken about.
There are subtitles.
Thanks! Enjoyed this full episode.
How could you use the word enjoyed.... 😢 While watching someone suffer ...... Fool
Roosevelt what an amazing man and contribution to society.
Really? What great man locks up it's own citizens just for having a certain ethnicity? That man sold America out.
Roosevelt was a dictator who wanted to be President for life. That's why he died in his fourth term. He didn't care about America. He just wanted the power. Look at who he appointed to clean up Wall Street. Joe Kennedy. The crook who robbed the joint and made millions
You have got to be kidding.
He created an alphabet soup of programs to end the depression. I’ve heard that none really worked. Sadly what worked was building arms and then entering the world war. I’m not sure FDR actually led the country during his 16 years but instead just responded to world events. In any case the people trusted him during perilous times and maybe that was what mattered most.
Yes he was. He saved the working people, created real jobs, that is why he was voted in for 4 terms. Very popular President.
This is a fantastic series.
Well done and thank you.
My father's generation had to ride the rails to find work or beg food till he got into a CCC camp barrack working long and hard and could send some money home. Out of the CCC barracks after Pearl Harbor and into army barracks and if they survived the war, making America in the 50's into a decent common man's dream. Even black income in this period exploded at a level never equaled.
Greater than 2917-2020?
@@mikeballard8404This is a history documentary about the Great Depressiomn.
My uncle Veron Lass worked for the CCC he made $25 a month saved $5 for himself and sent $20 home which was a railroad car where his family lived they were happy to get the money
All of this is about to happen again that’s crazy
The shame of the Army obeying orders and turning on the WW1 vets in Hovercamps. The soldiers need to understand the bill of rights first and foremost. The forces are for the people not the country. Without people you have no society
Shame or not, THAT is what the oathed-up, the badged and armed will ALWAYS do. When putting on such armor and protections as the State supplies, WE become nearly as species-apart; attendance to delicate niceties such as laws and constitutions and so-on, becoming but thoughts forgotten, if ever even known.
Most all of law authority whether creative, executive or judiciative, in order to function must put aside conscience, and do what and as their superiors direct, eventually such becoming spiritually as the walking-dead are if having done sequential wrong wittingly/knowingly.
That is but slow death endured for material gain, special protections and comforts as assured. It is a very bad bargain.
It's just how it is, most remaining as unawares of it, because desiring to.
B.S. Being a veteran does not give you the right to engage in mob actions.
@@jimkelly4214 so just do as your told? Forever? No conscience?
Your mindset would mean France would still be an absolute monarchy.
History does not repeat itself exactly, but rhymes every time.
America [and elsewhere] must reject the illusion of debt-based consumerism . . . . an infinite world of pleasure without a foundation of morality -
or see an end to their current freedom and prosperity.
Debt is okay as long as it is used to build capital infrastructure and invest. When debt is used to consume, to import goods, then it tends to be terrible for the poor and middle class. That foundation of morality you speak of is savings. The level of savings in our country has fallen spectacularly. Hopefully, the federal reserve raising interest rates can stem the tide against the dollar.
Don't you realize that all currencies and capital markets require debt? Consumerism is bad, planet destroying but only reckless borrowing is bad.
Of course debt is useful - depends on the reason for it and the use made of it. @@ryanreedgibson
Florence Owens Thompson is the name of the woman shown as "Migrant Mother."
2023, history starting to repeat itself
Depression by 2025. It won't happen in 24 because Biden is dreaming of reelection. He will lower interest rates
we got bidenvilles today. it's the great depression all over again...
We got tents of homeless people in major cities.
That’s so true build back better fir the elite ruling class.
We were able to work 12 hour shifts with lots of overtime, a 100 pound bag of flour was $1.00, 100 pounds of coffee was $3.50, a 100 pound bag of pure cane sugar was $2.00.... A pair of blue jeans was $1.00, shirts were 50 cents... The depression lowered prices, and when the war effort kicked in with jobs everywhere in defense, over night we went from being poor to upper middle class ! GOD BLESS ROOSEVELT !!! CHRISTMAS TIME WAS WONDERFUL ONCE AGAIN !
Yea, Bless Roosevelt and his Cousin Wife who became the Parents of the Welfare System!!! 😤😪😤😪
I never saw any Jews in soup lines, or going to California to pick oranges.
TOTAL GREED IS WHAT CAUSED THIS. MILLIONS BORROWED THOUSANDS TO "STRIKE IT RICH" AND LOST THEIR JOBS AND THERE IT STARTED. THOSE "IN THE KNOW," BILLIONAIRES HAD ALREADY FLEECED BILLIONS MORE AND KNEW THERE WAS NOTHING MORE TO BE MADE BUT NOW WERE SITTING VERY WELL ON MORE BILLIONS (IN CASH BY THE WAY)!!!
You are exactly right. The great depression was caused by the greed on Wall Street. And the whole entire nation paid for it
I thank God for the WPA my grandpa worked for WPA. Bc of that program my mother aunt and grandmother had food they lived in a railroad car
My mother had 2 aunts and uncles from Indiana who moved to California during the depression and were migrant workers, they ended up buying homes in Oregon and lived into the 1990's , they never had children so when they died in the early 1990's they left my mom an inheritance!!!
So?!
Only six years to go before the biggest one ever!
6 years, I'd say this coming year!!
2 years tops.
5 tops.
Pfff next one will be a lot worse as there is more money involved.
And more people
And we are soft and spoiled.
Took until 1954 for the stock market to get back to 1930 level
I thought it was the 1980's?
Under a Republican
That's because of all the damage Wall Street did to America.
12:35 … Hoover 16m votes, FDR 23. In the midst of a massive depression, Hoover still got 41% of the vote. It sounds so similar to 2024. Facts didn’t matter, only party affiliation. It was the people in the middle that determined the outcome
JEREMIAH 10:23!!! No truer words were spoken about life, an of course abut human government and it is the explanation for everything!
Sounds like Biden lol
Let's not forget that 12.5 million people starved to death and another 13.5 million died of malnutrition related diseases, mostly children.
Yep. That's what Roosevelt sold Americans. Mass starvation while him and his buddy Joe Kennedy robbed Wall Street
Stunning how a group of commentators can be so wrong about so much with such consistency.
Truth...
Are you gonna cover the rapid growth of the KKK during the depression?
Came about for things like that black dude in San Diego who rxx ped and murdered SIX white girls, stabbing them in the heart 50 times. There's a video on YT by 'Our Life' called something like Why Did Cleophus Prince Jr. ________ Six Women?
why the French dudes?
In the late 1920s when the needs of the economy had been satisfied, the big corporations should have reduced production & Wall Street should have responded to these facts... ...that way there would have been the economic slowdown that was required [& in good time the pickup in trade]....but no depression!
Interesting
Love the French guy, he speaks fast but since its late and im smoking good indica, i kinda understand it. Thus documentary has a liberal bent to it but its good
I was newspaper boys in montreal quebec one my client was stockbroker he jump on trains days after 1929 Oct show up downtown wall st saw people jump building.the cause was no regulation and out control systems.he knew jesse livermore and himself said need clean up house.when true come out was just insane what really happen.fdr have hell job turn around usa economy.canada was worse shape than usa nobody talk about it sad part.😢
Turned out to be the raw deal.
I've watched several of this channels docu's. I'm not impressed. The one about the A bombs on Japan made the Soviets to be the heros. INSANE
@@sandycarter6462 Yeah, you cannot trust everything on YT but this particular video is acceptable. Without the Russians, though, it would have been a horribly devastating war to bring it to a conclusion. But yet Stalin helped start WW2 by invading Poland when allied to Germany.
That one french dude saying crap about " propaganda myth" was a moron migrant mother was a real woman who was a 35 year old widow of Cherokee descent named Florence o.thompson from Oklahoma and acording to her daughters Dorthea lang paid their mom and got them some food..and alot of the subjects in the misery photos were paid for it and given food..but that Frenchman was pretty disrespectful just now but what can we expect but rudeness from some of the french not all but some
Can't fake misery like that
The depression was caused by the brutality of unregulated and aggressive capitalism. WWII was a result of America needing to call in the loans to Germany Hitler's rise was a consequence. FDR was the first and last president to use the government's responsibility and the people's taxes for relief for the starving and unemployed. Roosevelt had the courage to challenge the powerful and unregulated banking industry. Oligarchs planned a coup to remove FDR and asked a retired military General to execute it. We are about to lose the position of world economic leadership. There's no loyalty from the massive corporations that have benefited from low wages and corporate welfare in America. Unregulated and aggressive capitalism will be our downfall again.
@judithsullivan9703
The conditions laid down by the Versailles treaty is what caused the problems in Germany, post WW1
Because of the post WW1 prosperity in the USA, Americans had invested in Germany (as well as
in France and in the UK). Hoover's withdrawing of
American assets did not help the situation in
Germany. But the situation in Germany was
going to go south anyhow.
Even if a huge blow-out of a stock market crash
had not occurred; eventually manufacturing
would have declined because the Brits and
France were not going to absorb the excess
of US consumer goods because both were
revamping their own industries and paying
off their war debt to the USA
@@here_we_go_again2571 Actually when Germany wasn't able any longer to pay the ridiculous and punitive restitution amount demanded them in that unachievable treaty then France moved right in and seized the manufacturing and processing factories. The depression caused Germany to no longer be able to make the money through taxes to even run the government. They also lost 10% of the country to France, England and Russia. The German people were literally homeless starving and now unemployed. The German government was run by arrogant elderly and unresponsive generals and didn't even realize the despiration in the streets or they ignored the people. How do you think Hitler could just take over? The Jewish people weren't allowed to work or live outside of the capital so they did indeed own over half of the businesses in Berlin. It was easy for Hitler to name bourgeois capitalism as the predator raping and starving them. He named the Jews as that group and said they were all in on it and part of a secret society. The German people aren't monsters and evil it was an easy fit. When the Nazis seized Jewish property and financial assets the country did pull up out of the deep depression. They did look the other way while their neighbors were shipped off. So when the propaganda machine kicked in it was a well oiled machine. France England and Russia were on the hit list. No one ever questioned him and he invaded.
It happened just over a decade from the founding of the Federal Reserve and you blame it on the lack of regulation? Hilarious
@@juliantheapostate8295
The international banking system
facilitated the war loans extended
to the UK*** and France to wage WW1
(even before the US entered the war)
However, the USA had experienced
numerous economic downturns and
crises throughout it's history.
(After the Stock market crash of
1929 the US did enact a series
of laws to regulate the stock market.
It also passed the First Glass-Steagall
Act of 1932 and the Second Glass-
Steagall Act (aka:.Banking Act of 1933)
as well as another banking act in 1934
In addition subsequent acts to regulate
banking and the stock market were
passed)
***Actually the loans were given to
Britain and a portion of those loans
were loaned to France from Britain.
UK did not pay off it's WW1 debt
to US until 2015
(I am not sure if the WW1 and WW2,
"Lend-Lease" war debt were rolled
into one loan after WW2.
NOTE: The Marshall Plan was NOT
part of Lend-Lease war debt.
@@juliantheapostate8295 They set up the federal reserve act to set the purpose, structure, function of the federal reserve system. It was to create economic stability by setting up a central bank. It's purpose was to correct the system that lost people's savings when the banks went bust. It was a regulation just to insure the deposits for the people who used the banking system. This gave the confidence back for people to invest again. That stabilized the banks after the depression. It didn't regulate anything else. So I don't know what your referring to?...
I hope people find videos like this because it gives a good idea of how events in the U.S. at the time, combined with the events after WW1, led to where Germany ended up in the 1930s and WW2. Had things bounced another way, the U.S. would not exist today, and neither would democracy & capitalism.
Excellent series, but all the french language is downright irritating!
This program is interesting .It's almost a commentary on the time it was made 2009-10. It's primarily US centric with a few Frenchmen thrown in. Who don't throw light on France or the UK or the triumphs and horrors of Russian communism. based upon Marx and Engels. Conservatives in the US and elsewhere in the developed world were conscious of how Lenin's Communists had overthrown a democracy from the inside . Then proceed to liquidate the conservatives and liberals and then the socialists. Thus making them extremely suspicious of some of Roosevelt's often well meant actions, which looked similar and the machinations of. some organised labour which shared an affinity with Lenin. This. program is not balanced politically, historically, geographically or economically but it's still informative.
It's biased pro communist propaganda
it's pretty much the most milquetoast reading of the crash and depression, glosses over a ton of things, got the whole German foreign exchange crisis wrong, but hey it's free on TH-cam
IN 2024 ARE YOU AWARE OF HOW ""INTERDEPENDENT"" WE ARE WITH MUCH OF
FORIEGN MARKETS ETC. BROTHERS KEEPER, BROTHER,,,,,,,,,, MY KEEPER !!!!!!!!!!
No one speaking French should be talking about this, waste of my time.
The boom of the 60's came tp am end in 9169, times were bad , you could buy a house for 1 dollar down, I got a job because they wanted to fire the guy I repalced.
Interesting that even back then the democrats left out "under God" in the Pledge of Allegiance.
Eisenhower inserted "under God" to the pledge in 1954.
@@eileenhetherington3704 tks. I didnt know that. I read up on it. Interesting.
Where did the money to start the war effort come from?????
Fed caused !!!
1929 = 2029
why doo we listen to the fench?
Right we saved France twice or they would be speaking German today. I don't think we should listen to France
MacArthur was a narcissist!
Damn this is the same ol shit just a different time history repeating itself all I see is greed and more greed here in America I'm a poor person been that way my whole life
I think FDR and Eleanor tried...especially Eleanor...but powers that be got uppity....and frustrated things....
Roosevelt was a dictator who wanted to be President for life. He died in his 4th term. And had he lived longer, he would have ran for a 5th. I hate him and all of his BS fireside chats. He was blowing smoke for the next election to the public. He appointed Joe Kennedy to clean up Wall Street. He put a crook in charge of all the money. Kennedy made millions to support all his kids and make them rich
FDR helped make the depression deeper and longer than it lasted in other countries. He was an awful economic President
You believe this propaganda.
@@barbaralouise_ no. The documentary makes fdr look good. Its obvious he was terrible
Too much French. Those need to be muted and replaced with an English voice actor. I can't read subtitles while watching from across the room in bed.
We're about to see this again. Bidenomics
Black ppl were always were better off than whites
America was separated at this time
At this exact same time you had Black wall street
Black harlem
Black Philadelphia
Black st. Louis
Black savannah ga.
I can literally go down the list of successful black towns in 1930s
We were even considered African Americans at this tim time
And they own their farms
The next time there will be NO FDR to come save everyone. Remember COVID response ??
Exactly what happened in 2019 of 'the Covid-19 Crisis'...after SAR(Special Administration Region)
🤣
without advanced technology
it will be impossible to solved problem
but the technology are available now wrongly utilized unto self only
instead of
for everyone i.e SE°
°bulwark of sanity
in terms of technical nothing much to see
as precaution
Workers of the world-disperse.
Unions and high wagers are making America a 3ed World Country .
Well maybe “mister” mcauther Hoover & Eisenhower may have fooled everyone else but you can Believe God saw Straight through their evil Greed & Lust for power. They are where they deserve to be Now. Isn’t January 6th the Same thing??
Whilst i am riveted by this series, i have to say. I feel no sympathy for any of them because ALL of them are/were racists, so eff em.
The middle easterners are the most racist, they still have black and Asian slaves.
You need to grow up. Different time.
If it wasn't for those racists you wouldn't be here.
That's a very racist remark on your part.
Oh good, a woke leftist view of the depression.
Crazy to think nobody in this video is alive anymore
This is what happens when NOTHING back your currency. The bankers took the Gold in 33 and took the Silver in 1873.
Silver 🥈 and 🥇🪙
Homes empty n plenty to eat YET this ... Roosevelt was the solution .... But if people are so evil what can the president do😊