My great grandmother was a survivor of the Great Depression of 1929-42. Her mother died in the 30's from illness/unable to afford medicine, and her daughter worked two jobs afterwards to survive and avoid the same fate as other Depression survivors. Jobs for the unemployed in America alone during the 30's got better when the New Deals program was signed, but my great grandma kept her two jobs after that because of the war rationing when America entered World War 2 in 1941, and she saw the warning signs of the war that was coming before then. I learned all this after my great grandma died at the age of 88 when I was only 12 in 2002, and she survived worse than the depression from the war and the Cold War after that in her life. I didn't understand when I was a child, but I'm old enough today to know how ignorant the current generation of society is about a part of our history in this documentary.
the new deal did not help that much less the 5% had a job directly connected to the new deal. it was the private sector that dug itself out of the depression but political slogans are more important than reality lol ya sorry but one man cant solve the world's problems with policy it actually slowed the recovery by accumulating more debt.
The 'cold war' was great for ordinary people. Western governments and businesses were falling over each other to make life better for ordinary people in case they voted communist or socialist and forced the politicians and capitalists to ally wtht the Soviet union. The cold war, apart from the threat of nuclear annihilation, was a golden age for working people. I know I was born in 1958 and enjoy the best years of the post war dream.
Absolutely, if you have been sitting on the sidelines, haven't been paying attention since 2008, you're in for hard times, This is a common occurrence around the world, all the time, but only when a country is so indebted to another. That's when the sparks start flying, Taking the word "Reparations" from after WW1, what countries built what with their gains? General Marshall saw what happened, never to have it repeat again. Following WW2 Lesson Learned from history. Gotta know your past, if to see the furture!
This version of history is legitimized by the production value of the film as well as it's large corporate sponsors. The U.S. would be the same superpower as it used to be but they have brainwashed people since the 70s that there must be free trade. We used to make everything we used and there was far less consumerism..... but that wouldn't line the pockets to over flowing for the "moneyed" class....... i.e. the gl0balists
Well if they did that then a certain political party that controls the education sysem and teachers unions would lose potential future voters! Keep them dumb keep them on your side!
They teach as much as they can, but yes the American education isn't the best. In fact, I knew the Nazis and the Holocaust were bad, but, until I've watched a documentary on netflix, I've never knew it was that devastating in Europe. Moreso for the Jews. It was heartbreaking to watch 😢
37:45 What both differentiates, and imo scares me about the comparison between then and now is the hyper-connectivity of communications and the lack of care for truth.
@@BulZASwzi For most people, there is an objective truth as well as a personal one, which reflects their own unique circumstances and the reality of that. Perhaps this is different for murderers.
I grew up in the 1980s/90s with great depression poverty in Tx usa and yeah we had a roof and plumbing but I remember the food stamps that looked like monopoly $ and the govt cheese .and I was raised by grandparents that recalled the great depression and big one ..and I still eat my great depression dinners since places like winco make the ingredients cheap..and I still use a clothes drying rack..i was born poor raised poor but honest and when the good Lord is ready for me ill have it much better ..store up treasure in heaven..and my grandparents taught me we can survive anything if we keep the faith and do the best with what God gave us and look out for our fellow man and im in my 40s and not as poor as when I was a kid and I never forgot those lessons 😊
@@cathycammarata1105 35 trillion debt marker just reached with over 1.3 trillion in credit card debt attributed to the American public... let's talk soon yea?
@@cathycammarata1105 We are closer than you think to going back to that. in the 20's most people were still agrarian. Today a single famine could wipe out food supply. We are much more vulnerable than you seem to think.
6:66 The bigger the bank💳 is involved in money laundering the more they can get away with🕯... #TDBank😔 just not happened to be one of them clearly... 🌎💘💰
@gormenfreeman499 tell that to the corporations and the millionaires who rape the Earth on a daily basis and keep half the population of the planet in poverty
Yes, it's called human caused global warming. But this was predicted through science, and policy changes (starting with a high, border-adjusted, cash-back carbon fee on fossil fuel production) can greatly reduce its impacts.
@@johngage5391climate change 🙄 that's the absolute least of our worries. Corruption is our biggest problem and fake climate change is becoming a big part of that corruption !
@@johngage5391 Earth's atmosphere is composed of about 78 percent nitrogen, 21 percent oxygen, 0.9 percent argon, and 0.1 percent other gases. Trace amounts of carbon dioxide, methane, water vapor, and neon are some of the other gases that make up the remaining 0.1 percent. National Geographic.
During the blizzard of 1978 my uncle explained the stock market to me and let me read his books on the subject...he said only play what you can afford to lose....
So…….that is poor advice you got from your uncle. ‘Playing’ the market is not investing. The stock market has always been on an upward trajectory. Even after the crash of 29’. It took several years from that crash, but it has far surpassed the levels before the crash. Constantly buying and selling is not investing. Buying and holding is investing. By doing that starting at age 25, I’ve built up a 401k of almost $1 million dollars today. The power of compounding coupled with weekly investment has done well. I’m an invested in the Vanguard Total Stock Market Index ETF (exchange traded fund). My expense ratio on this fund is 0.03%. I pay very little to own this fund. And because it’s Vanguard, it’s neither privately owned nor a public company. I feel bad for you because you missed out on years of growth that you can never get back. Vanguard has a fairly unique structure for an investment management company. The company is owned by its funds; the funds are owned by the shareholders. This means that its shareholders are the actual owners. Unlike most publicly-owned investment firms, Therefore, Vanguard has no outside investors other than its shareholders. Vanguard's structure allows the company to charge very low expenses for its funds. Due to its scope, the company has been able to reduce its expenses over the years. The average expense ratio for Vanguard funds was 0.89% in 1975. As of the end of 2022, the average stands at 0.09%.
My German grandparents were going through this as they both started to fall in love. 1930’s looked very hard to live in the country of Germany. I didn’t know what life was like for them when they were in their 20’s age.
1923 inflation started it, America pulling their money out in 29, so tht Germany cud pay reperations to Britain’s for ww1, in turn so Britain cud pay American back their ww1 loans😂 Stupid decisions, stacked on stupid decisions led to a sliver of rope/ hope to save Germany from bankruptcy for those 6 yrs The main reason Hitler got in, everyone saw how “so-called” Jewish American Bankers had caused Germany’s social/ economic troubles after ww1. In turn they wanted everything bought in Germany, to be made in Germany. Great ideas but expensive, just like why China builds everything today😅 Most western countries have free speech, striking power, have unions, etc. China not so much😂 so pay is shite, but products are cheap. “Blame Clause” in Treaty of Versailles didnt help the citizens’ thoughts, that Germany was sole responsible for ww1😢
My parents arrived to Los Angeles, my father earning $1.25hr washing dishes, worked his way up to chef status, only completed up to 6th grade in Mexico 🇲🇽, was able to purchase to homes in Pasadena Highland park California, retire from California Institute of technology and Jonathan club, married 50yrs no divorce. He still Alive healthy at 81. Ladies and gentlemen! Stop going out and blowing cash 💸 ! Work your asses off! 7 days for 20yrs straight. Enjoy life after.
@lianefehrle9921 Well, They would eat suasages & sourkraut. Your grandparents would smash, your grandfather would 🌰🥖💦 on your Grandmother's face. Or right in her left eye, they would laugh.
@ericwitt4586 Well, at this time...garanteed Gottlieb was busting huge 🌰s on hildas face. Hilda rode too,legend has it... she could make Gottliebs toes curl. Back then that was birth control.
My grandfather grew up in SW Iowa in the early 1930s. He said his mother would hang wet towels in the window to try and get some coolish air in the house during summer. Unfortunately they would dry in about two minutes, and be a brownish color. This was due to all the dust from Kansas. I always found that appalling yet oddly fascinating.
@@kevoreilly6557 Gold and Silver should never have been tied to banks or paper notes. Had the world kept gold and silver as money and not implement a gold-standard currency, we would have avoided these problems. Bottom line currency is the problem, it's not money. Only real physical gold and silver is money.
You hit the nail on the head-!!!😉. Notice how Beijing has been hoarding as much gold as possible-!!!🤔.. I wonder why that is-???🤔. He who has the " Gold " rules-!!!😉.
Do you like being a slave or a begger, dude? 17 A prophecy against Damascus: “See, Damascus will no longer be a city but will become a heap of ruins. 2 The cities of Aroer will be deserted and left to flocks, which will lie down, with no one to make them afraid. 3 The fortified city will disappear from Ephraim, and royal power from Damascus; the remnant of Aram will be like the glory of the Israelites,” declares the Lord Almighty. 4 “In that day the glory of Jacob will fade; the fat of his body will waste away. 5 It will be as when reapers harvest the standing grain, gathering the grain in their arms- as when someone gleans heads of grain in the Valley of Rephaim. 6 Yet some gleanings will remain, as when an olive tree is beaten, leaving two or three olives on the topmost branches, four or five on the fruitful boughs,” declares the Lord, the God of Israel
When I see the scenes of people living without "walls" they were basically homeless, minus the drugs and mental illness that are very sadly prevelant on the streets today
When America goes into a depression again it will be far worse than the one in 1929. Here are many of the reasons that I see not being addressed. In 1929 America was already an industrial powerhouse that exceeded Europe's manufacturing not only the manufacturing was superior but the abundance of natural resources such as oil and iron. 80% of the 123 million Americans live on small farm or had family that were still living on farms, so food was readily available. Today we have 333.3 million Americans (not counting at least 7 million that have crossed our borders that are not counted in our population. Today according the American Algaculture Department today there are only 2% of Americans living on farms. Most of the farmland has been bought up by algaculture companies that mostly grow thousands of acres of single crops like soybeans and corn. And as all American now know most of American's manufacturing is not gone or moved outside American to other countries. So when the depression hits, the first thing that will happen is many people will be living on the streets, since most people were renting and now no job in our now "Service Economy" has gone belly up due to the fact now one has the money to buy anything since the dollar is either in hyperinflation due to the loss of respect for the dollar worldwide. With no manufacturing there will be little to no jobs and with people without money no market for the "Service Economy" even if you have a PhD. degree in Gender Studies. So now close your eyes and try to comprehend what American will look like with 100's of millions of Americans with no place to live, no food to eat (unless you love soybeans and corn) and over half the population that have homes or have prepared for the coming depression and have stockpiled food, guns and ammunition. If you think that Chicago has a high murder rate, now it will be all of America killing Americans that will probably outnumber those Americans killed in all the wars fought by American since the American Revolution. Worse the one thing that brought American out of the 1929 depression was its manufacturing facilities that had sat idle until War World 2 started and put Americans back to work and kept them working up util the 70"s when manufacturing started moving out of America. The industries that American had before the 70's are long gone. I will take Ameriaca at least 75 years to get that back and then another 25 years to get their products on the world market again if it is either super cheap using cheap American labor or superior quality which America was really never known for.
Excellent documentary in pulling together all the threads of governments and economies around the world to show the main elements that caused the Depression.
I have a feeling the modern version of this, which we are edging ever so slowly towards, will be far worse due to the QoL technologies we are so used to and require.
On a local level, many people formed cooperatives during this time period to survive. Cooperatives take out the profit motive and replace it with... cooperation. Everyone is a stakeholder.
@@susanmercurio1060 On the contrary. I know the roots of this may be confusing, but these structures worked within the capitalism structure in many places, including in TX, where I once lived. In fact, our electric company was a co-op, and still is. An overly simplistic view of what these structures are, which also include your local credit unions, is very closed minded. Btw don't call me political names. I'm independent and used to be Republican, when the party was pure and not corrupted.
@@susanmercurio1060 You implied that I am a socialist. Then you told me the thing I already said (that we are in a capitalism structure) as if I hadn't said that. Leave me alone. You just want to pick a fight with someone you think you can find hate easily for. I don't need b.s. No one BUT NARCISSISTS seem to "need" other people to have "drama."
You can't plan for anything....your government owns you and they own all your money and all your possessions. They can now legally take everything you have and their is nothing you can do about it.
My grandparents once lived in a ultra poor area of Texas in the early 1900's. One time we asked my grandfather how the Great Depression of 1929 had affected his life when it happen. He paused for a moment and after recollecting his thoughts he said, "I don't think it ever made it down here."
I'm guessing your grandparents lived in a rural area. It's said the depression didn't hit ppl living in rural areas didn't hit rural ppl as it did city folks. Makes sense to me. 😊
@@Anabee3 You are right, rural areas specifically poor rural areas didn't get hit. My point was I don't think grandpa knew what a depression was cause he was already experiencing it all his life.
I tried that it was hard to grow food with lack of water and the land was so far away from civilization that only meth heads and mentally ill people lived as my neighbors so the rest is history had to sell my property to save my home in the city property tax was way too high and still is now that I'm 65 and on Social Security I get a discount on my property tax I suggest find a partner that has a very rich dad and marry them so when the dad croaks your partner will inherit their money women have been doing it for years us guys can learn from them
The Wallstreet crash did happen, but it bounced right back. The real depression happened 1.5 years later when Britain went off the gold standard and Americans got nervous. Rumors were spread and the run on the banks depleted cash and banks closed. People lost all their life's savings. It wasn't the stock market crash that lost their money. Ben Bernanke, head of the Federal Reserve during the Great Resession admitted the Feds played a roll in causing the depression too.
What do you have when you have two slices of bread and nothing to put between them? A Hoover sandwich. What do you call newspaper stuffed into people's clothes to keep them warm? A Hoover blanket. What do you call a soup made of beans, pasta, potatoes, carrots and if you were lucky hotdogs? A Hovver stew. What do you call a shanty town made up of cardboard and tar paper huts? A Hooverville.
@@dcanada7108 Hoover responds to the bad economy in the worst way. He does absolutely nothing to help the American people, advising out of work men to try selling apples to feed their families. He also puts tariffs on all imports. This last bit was especially terrible. Because as other countries impose their own tariffs in response the economy just shut down. A bad recession became a depression.
@@jollyjohnthepirate3168 that’s not true, though. Even FDR’s vice president at the time accused Hoover of sending us “down a path to socialism “ with his government aid programs, which Hoover was worried would create government dependency. Early on FDR said government spending had to be curbed and then went on to spend more, although the depression was considered an unprecedented event, just like trump’s spending during Covid. Aside from the disastrous Smoot Hawley tariff, which was Hoover’s bad idea, many factors, including rampant consumer overspending and stock market speculation, were already in play. I think our massive loan to subsidize the German economy after WWI was probably in some way the very early start of it, and when they’re crippled with debt and we call in our loans there’s no money there.
what are really the best strategies to make our portfolio recession proof. my wife is already panicking, so many questions! Should I shift my portfolio of around 600k to cash position?
Knowledgeable Investors know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions.
True, my porfolio took a massive hit in 2022, and I almost sold everything to switch to cash savings. However, I was advised to consult a pro. Following the guidance of this CFA, my portolio started increasing by 10% monthly. She had anticipated the crash and rebalanced my portflio accordingly.
Honestly, this concerns me and has left me uneasy. Especially this potential depression, not even any more a recession. I'm unsure about my $130K account strategy, considering the uncertainty of this whole recession mostly.
Agreed! this is why I work with one. My $520k portfolio is well-matched for every market season yielding 85% rise from early last year to date. I and my advsor are working on more figures for this year. IMO, financial advisors are the most sought-after professionals after doctors.
I just Googled her name and her website came up right away. It looks interesting so far. I'm going to send a mail to her and let you know how it goes.Thanks for sharing truly!
Interesting/informative/entertaining. Special thanks to the still-motion photographers/historians. Making this presentation possible-!!!😉. Unfortunately many a photographer perished engaging in their art forms in both world wars-!!!😭.
I love doing a degree in economic history. I think some of the best institutions where you can get decent postgraduate training are the LSE and the University of Uppsala.
2.5% of Americans had any type of stock portfolio in 1929. The Great depression wasn't a failure of Wall Street, it was a run-on banks that caused the whole thing to collapse. The banks have been amazing at their propaganda of blaming Wall Street.
There was a run on banks because the market crashed. The market crashed because of gross mismanagement. You cannot separate one from the other, it's absolute cause and effect.
@@Kyletouchton Copied from the Federal Reserve history page. Banking Panics of 1930-31 November 1930-August 1931 "The U.S. appeared to be poised for economic recovery following the stock market crash of 1929, until a series of bank panics in the fall of 1930 turned the recovery into the beginning of the Great Depression."
@MelissaR784 yeah it was a chain reaction. The market crashed which caused the major brokers to try to stabilize their own reserves by doing margin calls, the margin calls caught investors flat footed because they were way overextended for what they owed. So they started withdrawing funds en masse in an attempt to gain as much liquidity as possible, businesses started folding up shop because they were having to leverage their assets against what they owed, which put people out of work and when the banks started to fold from running their reserves dry it launched the panic run on the rest of the banks by people terrified they were going to lose all their money if they didn't get it out before their bank closed up next. Once again you absolutely cannot separate the 2. The crash caused a ripple effect that along with the dust bowl famine sank the world economy within 2 years.
At 4:45 Stalin's right hand got too cold and needed warming up? Must have been cold that day, I guess? This seems to be a fairly comon affliction as seen in so many old paintings and photographs. Will this be used as more proof of climate changing, perhaps?
One of stalins arms was shorter than the other due to deformity post surgery and he was self conscious about it, hence why he angled himself often in photos
My immigrant GG GF James George, who came from Pembrokeshire in 1880 played by the rules and saved a bunch of money for he and my also Welsh GG GM Margaret to live on. Sadly, his savings went up in smoke when his bank closed in late 1929. My grandfather Harold Thomas was infuriated, as it crippled his idol maternal grandfather. This made him a Democrat for life.
It’s ludicrous to say that prosperity brought the market crash. It was stock exchanges that weren’t properly regulated that brought on the crash. Even after the crash, the economy was recovering. It wasn’t until government interfered in the economy did America head toward a depression.
Good advice make sure you get a good rental house..you can afford with a decent backyard..find out if your landlord will let you have a garden.. especially a veggie one..then find out your city's rules on live stock in town..you might can keep chickens..1-2.. and maybe learn to forrage after studying what to look for.. if your town has a true farmers market and not a mlm hub...you can make a little extra cabbage selling cabbage and eggs..learn to can..its cheaper than actual canned food keep up to date with scrap metal prices..every nickel helps and if you must buy canned goods at least save the cans for a scrap yard that buys it...if it worked for our grandparents it can work for us.. don't be too chicken to get a hunting/ fishing license either itll come in handy and help avoid a poaching fine...but if you hit a deer with the family Buick and its dead and fresh take that sucker home and youll have meat all winter 😂
Looking back in time we can understand, someone up there loves us, the One who decided to make human specie evolve and thanks God, the world is. ..different...if not depressed in another way. How could we learn from such documentaries fighting back depression and mostly, war disputes that..bring us down... there are those kind of people that feel so worthless if not making our lives a hell torture, let's be careful and stay away from other financial disasters, do not put all the money the same place, either same bank account, neither same stock options, do not bet.. "all in" 😢😢😢do not let bad guys win to screw us the joy of life guys, such situations should never ever happen anymore.. no one 😢😢😢
We in the US need to form a new Political party of all John Does. There was a film from 1936 entitled MEET JOHN DOE about just that. We the ordinary citizens
And the biggest problem is that too many think they have more of a problem now because the past doesn’t’ matter to most! The Depression lasted for 10 years while people today have a problem with mild inflation or recession that are child’s play in comparison to The Great Depression my parents and uncle went through being kids at the time. Mom was born two years after it started after the ‘29 Stock Market Crash.
@farmtoplate123 no, really, the Market has been good lately. There isn’t gonna be another Crash. Even Fox News acknowledged that the market has been doing good and for once told the truth. The money I get is partly tied to how well the Market is.
Classic boomer stupidity. iT wAs WoRsE iN mY dAy. It is setting up to be an even worse depression than the Great Depression. All the signs are there. Your generation is responsible for this.
Germany had 40%….very terrible times everywhere, worst in Germany. “America hiccuped, Britain caught cold, and Germany nearly died” well known phrase of the times in books 📚
From my understanding, it was around 25% but there was also underemployment. Even the people who had jobs were going hungry as the pay was extremely low.
My father who was about high school age when it started said that the people who did have jobs worked part time, rented out an extra room for income. My mother 's family moved in with their parents who had a farm. USA
At the 12:30 mark. A mouse scurried across my floor . The smell of farts wafted in, and I began to itch. It was my cue to turn off this propaganda anti German hit piece.
This was an angle of the prewar history I hadn't heard. very educational, appreciated the banking and financial view along with reparations that are still plaguing our current societal discourse.
Many people living in rural America weren't affected by the depression. Their poverty never changed. Others have told me it was their best decade because although wages were low, so were prices. My grandfather always said he'd rather butter cost one dollar and have the dollar to pay for it, than have it cost one cent and not have the penny. So, pick your poison. It depends how you're positioned both geographical and economical as to how you'll be able to survive. Remember, the Empire State building was built in the thirties, as well as the Grand Coulee dam, just to name a couple.
@farmtoplate123 You are correct and it's the truth, but not the entire truth. Taking events and applying them as if they were absolutes everywhere and for everyone is faulty reasoning. My great uncle, born c.1885, stated the depression was the best decade of his life. His pay was small but it took very little money to live. I have many other examples of talking to people and, like you I was raised in a household where we were taught the depression was the most horrible fate to endure. That message prompted my curiosity and after decades of reading and learning from other people, I understand like so many messages we hear, there's more to all stories.
I think people believe the world will crash its part of human condition.. the odds are the world will never see an era like this one again... truth is we did learn alot from the great depression!
No wonder my dad couldn't tell me about the Stock Market crash in 29 he was born in 1915. He was 13 years old. But Grandfather still did the numbers racket to make a buck.
10% of Americans were in the Stock market before the recession. Today 60% of savings in the stock market. No depression coming today as long as unemployment stays good.
My great grandmother was a survivor of the Great Depression of 1929-42. Her mother died in the 30's from illness/unable to afford medicine, and her daughter worked two jobs afterwards to survive and avoid the same fate as other Depression survivors. Jobs for the unemployed in America alone during the 30's got better when the New Deals program was signed, but my great grandma kept her two jobs after that because of the war rationing when America entered World War 2 in 1941, and she saw the warning signs of the war that was coming before then. I learned all this after my great grandma died at the age of 88 when I was only 12 in 2002, and she survived worse than the depression from the war and the Cold War after that in her life. I didn't understand when I was a child, but I'm old enough today to know how ignorant the current generation of society is about a part of our history in this documentary.
I'm so sorry for your experience.
the new deal did not help that much less the 5% had a job directly connected to the new deal. it was the private sector that dug itself out of the depression but political slogans are more important than reality lol ya sorry but one man cant solve the world's problems with policy it actually slowed the recovery by accumulating more debt.
And sadly, we are heading in the same, exact direction again. Only this time the weapons are meaner and can do more destruction. I hope I am wrong
Yes. You said warning signs. That's what has brought me here.
The 'cold war' was great for ordinary people. Western governments and businesses were falling over each other to make life better for ordinary people in case they voted communist or socialist and forced the politicians and capitalists to ally wtht the Soviet union. The cold war, apart from the threat of nuclear annihilation, was a golden age for working people. I know I was born in 1958 and enjoy the best years of the post war dream.
We really don't realize how good we have it we would never be able to endure what our forefathers have endured
Buckle up
Speak for yourself. I was raised by parents who survived the depression. Going through hard times are what make you stronger.
Absolutely, if you have been sitting on the sidelines, haven't been paying attention since 2008, you're in for hard times,
This is a common occurrence around the world, all the time, but only when a country is so indebted to another. That's when the sparks start flying,
Taking the word "Reparations" from after WW1, what countries built what with their gains?
General Marshall saw what happened, never to have it repeat again. Following WW2
Lesson Learned from history.
Gotta know your past, if to see the furture!
My grandfather lived during the Great Depression and until the day he died he was a very frugal man as a result of the economic turmoil from that era.
This is the sort of History that should be taught in schools, at earliest plausible level, as REAL HISTORY.
The education system isn't designed to educate, its designed to create workers.
Won't do no good ..
This version of history is legitimized by the production value of the film as well as it's large corporate sponsors. The U.S. would be the same superpower as it used to be but they have brainwashed people since the 70s that there must be free trade. We used to make everything we used and there was far less consumerism..... but that wouldn't line the pockets to over flowing for the "moneyed" class....... i.e. the gl0balists
Well if they did that then a certain political party that controls the education sysem and teachers unions would lose potential future voters! Keep them dumb keep them on your side!
Problem is, it is more fiction than reality.
This is what happens when you shoot propaganda videos during war.
I never understood until recently that the great depression was felt around the world. They didn't teach us much about it when I was in school.
When the fed government took over schools the curriculum became compromised. The NEA needs ended and the states need to take over again.
They dont teach much of anything in US schools
It wasnt accidental.
@@Stranger_Than_Fiction299 the great depression??
They teach as much as they can, but yes the American education isn't the best. In fact, I knew the Nazis and the Holocaust were bad, but, until I've watched a documentary on netflix, I've never knew it was that devastating in Europe. Moreso for the Jews. It was heartbreaking to watch 😢
Those who learn history are forced to watch everyone else to repeat it.
How sad but how true!
Yessir. The democrats are fascists trying to jail their political opponents, rigging elections and releasing biological weapons on their own citizens
@christinasuozzo If it walks like a duck quacks like a duck then there's a very good chance it's a duck!!!!!.
I do not worry! President Biden will teach 'em a lesson
Ain't THAT the truth!
37:45 What both differentiates, and imo scares me about the comparison between then and now is the hyper-connectivity of communications and the lack of care for truth.
Amen sister.
What is truth? - asked Pontius Pilate
@@BulZASwzi For most people, there is an objective truth as well as a personal one, which reflects their own unique circumstances and the reality of that. Perhaps this is different for murderers.
Pilate like most people
Today - asked that question sarcastically!
Well, we're connected. Now let's argue.
I grew up in the 1980s/90s with great depression poverty in Tx usa and yeah we had a roof and plumbing but I remember the food stamps that looked like monopoly $ and the govt cheese .and I was raised by grandparents that recalled the great depression and big one ..and I still eat my great depression dinners since places like winco make the ingredients cheap..and I still use a clothes drying rack..i was born poor raised poor but honest and when the good Lord is ready for me ill have it much better ..store up treasure in heaven..and my grandparents taught me we can survive anything if we keep the faith and do the best with what God gave us and look out for our fellow man and im in my 40s and not as poor as when I was a kid and I never forgot those lessons 😊
Those were your trenches. It shaped you into the Man you are Today.
The lesson you failed to learn was that capitalism stinks.
And here we go again 100 years later.
Zoooooom
When people stop lining up on i phone lines in favor of bread lines then let’s talk
@@cathycammarata1105 35 trillion debt marker just reached with over 1.3 trillion in credit card debt attributed to the American public... let's talk soon yea?
@@cathycammarata1105 We are closer than you think to going back to that. in the 20's most people were still agrarian. Today a single famine could wipe out food supply. We are much more vulnerable than you seem to think.
@@Canadian_Eh_IUS would starve without Mexicans
I learned this history from my grandparents back then.And it's still going on and gets what i'm still alive
6:66 The bigger the bank💳 is involved in money laundering the more they can get away with🕯... #TDBank😔 just not happened to be one of them clearly... 🌎💘💰
Human greed is the snake eating its own tail
That is a very profound symbol. I never thought of that. Thank you.
Absolutely 😢😢
It’s so so true!
Don't thank me, thank the UK punk band Crass, Steve ignorant, penny rimbaud, et al
@gormenfreeman499 tell that to the corporations and the millionaires who rape the Earth on a daily basis and keep half the population of the planet in poverty
Those who do not learn from history and doomed to repeat it. Sadly here we go, AGAIN
And it's going to keep going we can never escape it
@cardedmaster5393 if there's another world war the cycle will end pretty quickly, that much is assured
Yep😢😢
When the economy burns down this time millions will die because of violence.
We are an uncivilized people and we all basically hate each other.
Agreed. Hope y'all are buying silver and gold.
What's coming is worse than the Great Depression.
Yes, it's called human caused global warming. But this was predicted through science, and policy changes (starting with a high, border-adjusted, cash-back carbon fee on fossil fuel production) can greatly reduce its impacts.
@@johngage5391 There is no global warming.
You on the toilet?
@@johngage5391climate change 🙄 that's the absolute least of our worries.
Corruption is our biggest problem and fake climate change is becoming a big part of that corruption !
@@johngage5391 Earth's atmosphere is composed of about 78 percent nitrogen, 21 percent oxygen, 0.9 percent argon, and 0.1 percent other gases. Trace amounts of carbon dioxide, methane, water vapor, and neon are some of the other gases that make up the remaining 0.1 percent. National Geographic.
History repeats itself. The Great Depression is trudging closer.
During the blizzard of 1978 my uncle explained the stock market to me and let me read his books on the subject...he said only play what you can afford to lose....
So…….that is poor advice you got from your uncle. ‘Playing’ the market is not investing. The stock market has always been on an upward trajectory. Even after the crash of 29’. It took several years from that crash, but it has far surpassed the levels before the crash. Constantly buying and selling is not investing. Buying and holding is investing. By doing that starting at age 25, I’ve built up a 401k of almost $1 million dollars today. The power of compounding coupled with weekly investment has done well. I’m an invested in the Vanguard Total Stock Market Index ETF (exchange traded fund). My expense ratio on this fund is 0.03%. I pay very little to own this fund. And because it’s Vanguard, it’s neither privately owned nor a public company.
I feel bad for you because you missed out on years of growth that you can never get back.
Vanguard has a fairly unique structure for an investment management company. The company is owned by its funds; the funds are owned by the shareholders. This means that its shareholders are the actual owners. Unlike most publicly-owned investment firms, Therefore, Vanguard has no outside investors other than its shareholders.
Vanguard's structure allows the company to charge very low expenses for its funds. Due to its scope, the company has been able to reduce its expenses over the years. The average expense ratio for Vanguard funds was 0.89% in 1975. As of the end of 2022, the average stands at 0.09%.
If more people read about how the stock market works instead of following get-rich-quick schemes, we would all be better off
Not if you read the Bible and stay in Christ. IT TELLS US WE SO STUPID and listening to these lies
@@TriciaPerry-mz7tcthe Quran is more cheerful 😂. So I'll just read that instead. BTW, did I spell that correctly? I ain't real strong on learning.
My German grandparents were going through this as they both started to fall in love. 1930’s looked very hard to live in the country of Germany. I didn’t know what life was like for them when they were in their 20’s age.
1923 inflation started it, America pulling their money out in 29, so tht Germany cud pay reperations to Britain’s for ww1, in turn so Britain cud pay American back their ww1 loans😂
Stupid decisions, stacked on stupid decisions led to a sliver of rope/ hope to save Germany from bankruptcy for those 6 yrs
The main reason Hitler got in, everyone saw how “so-called” Jewish American Bankers had caused Germany’s social/ economic troubles after ww1.
In turn they wanted everything bought in Germany, to be made in Germany.
Great ideas but expensive, just like why China builds everything today😅
Most western countries have free speech, striking power, have unions, etc.
China not so much😂 so pay is shite, but products are cheap.
“Blame Clause” in Treaty of Versailles didnt help the citizens’ thoughts, that Germany was sole responsible for ww1😢
Mine too Gotlieb and Hilda Huether they came to America with there family which included my Mother after WW2 I loved them both dearly and miss them !
My parents arrived to Los Angeles, my father earning $1.25hr washing dishes, worked his way up to chef status, only completed up to 6th grade in Mexico 🇲🇽, was able to purchase to homes in Pasadena Highland park California, retire from California Institute of technology and Jonathan club, married 50yrs no divorce. He still Alive healthy at 81. Ladies and gentlemen! Stop going out and blowing cash 💸 ! Work your asses off! 7 days for 20yrs straight. Enjoy life after.
@lianefehrle9921
Well,
They would eat suasages & sourkraut.
Your grandparents would smash, your grandfather would 🌰🥖💦 on your Grandmother's face.
Or right in her left eye, they would laugh.
@ericwitt4586
Well, at this time...garanteed Gottlieb was busting huge 🌰s on hildas face.
Hilda rode too,legend has it... she could make Gottliebs toes curl.
Back then that was birth control.
My grandfather grew up in SW Iowa in the early 1930s. He said his mother would hang wet towels in the window to try and get some coolish air in the house during summer. Unfortunately they would dry in about two minutes, and be a brownish color. This was due to all the dust from Kansas. I always found that appalling yet oddly fascinating.
So many echoes today of these catastrophic historical events, as we march mindlessly over the cliff. So tired of seeing the wheel reinvented.
Abandoning the gold/silver standards guarantees the ever-increasing worthlessness of currency.
Go back and re watch this to understand the role the gold standard played in the Great Depression spreading and leading to World War Two
@@kevoreilly6557 Gold and Silver should never have been tied to banks or paper notes. Had the world kept gold and silver as money and not implement a gold-standard currency, we would have avoided these problems. Bottom line currency is the problem, it's not money. Only real physical gold and silver is money.
You hit the nail on the head-!!!😉. Notice how Beijing has been hoarding as much gold as possible-!!!🤔.. I wonder why that is-???🤔. He who has the " Gold " rules-!!!😉.
@@kevoreilly6557 exactly!
Do you like being a slave or a begger, dude?
17 A prophecy against Damascus:
“See, Damascus will no longer be a city
but will become a heap of ruins.
2 The cities of Aroer will be deserted
and left to flocks, which will lie down,
with no one to make them afraid.
3 The fortified city will disappear from Ephraim,
and royal power from Damascus;
the remnant of Aram will be
like the glory of the Israelites,”
declares the Lord Almighty.
4 “In that day the glory of Jacob will fade;
the fat of his body will waste away.
5 It will be as when reapers harvest the standing grain,
gathering the grain in their arms-
as when someone gleans heads of grain
in the Valley of Rephaim.
6 Yet some gleanings will remain,
as when an olive tree is beaten,
leaving two or three olives on the topmost branches,
four or five on the fruitful boughs,”
declares the Lord, the God of Israel
When I see the scenes of people living without "walls" they were basically homeless, minus the drugs and mental illness that are very sadly prevelant on the streets today
Alcohol was the problem back then and there were drugs too, just not synthetic shipped from overseas like today.
Most addictive drugs used in the USA today are prescription drugs made in the USA by American big pharmaceutical companies.
Crazy how similar these events match what’s going in 2024.
2008 Recession more like it. We are screwed once another recession happens.
2008 was nothing, it wasn't driven by labor market and fundamentals but by speculation. This time it is different
@alonshechter8676 it was definitely something. I lost my job, my retirement was dwindled, I ate once a day. I know I wasn't thr only one
There are no coincidences. Same players on a global scale.
I love your channel. I’m learning everything I should have been taught in my American public school 40 years ago. Bravo. 👏🏼
You weren't paying attention in history class. We studied all of this in detail.
@@DavidWilliams-qr5yjMaybe your school taught you but my school did not. I’m happy to have this channel.
@christinasuozzo it's a great chanel. But every school teaches WW 1,great depression, ww 2..every district. I'm a former teacher.
I didn’t go to a good school but I did start studying in college
I enjoy doom and gloom. It puts me to sleep. Thanks
When America goes into a depression again it will be far worse than the one in 1929. Here are many of the reasons that I see not being addressed. In 1929 America was already an industrial powerhouse that exceeded Europe's manufacturing not only the manufacturing was superior but the abundance of natural resources such as oil and iron. 80% of the 123 million Americans live on small farm or had family that were still living on farms, so food was readily available.
Today we have 333.3 million Americans (not counting at least 7 million that have crossed our borders that are not counted in our population. Today according the American Algaculture Department today there are only 2% of Americans living on farms. Most of the farmland has been bought up by algaculture companies that mostly grow thousands of acres of single crops like soybeans and corn. And as all American now know most of American's manufacturing is not gone or moved outside American to other countries.
So when the depression hits, the first thing that will happen is many people will be living on the streets, since most people were renting and now no job in our now "Service Economy" has gone belly up due to the fact now one has the money to buy anything since the dollar is either in hyperinflation due to the loss of respect for the dollar worldwide. With no manufacturing there will be little to no jobs and with people without money no market for the "Service Economy" even if you have a PhD. degree in Gender Studies. So now close your eyes and try to comprehend what American will look like with 100's of millions of Americans with no place to live, no food to eat (unless you love soybeans and corn) and over half the population that have homes or have prepared for the coming depression and have stockpiled food, guns and ammunition. If you think that Chicago has a high murder rate, now it will be all of America killing Americans that will probably outnumber those Americans killed in all the wars fought by American since the American Revolution. Worse the one thing that brought American out of the 1929 depression was its manufacturing facilities that had sat idle until War World 2 started and put Americans back to work and kept them working up util the 70"s when manufacturing started moving out of America. The industries that American had before the 70's are long gone. I will take Ameriaca at least 75 years to get that back and then another 25 years to get their products on the world market again if it is either super cheap using cheap American labor or superior quality which America was really never known for.
All of this has been orchestrated. I hate to say.
I saw 911 in vision's. I left nyc sept 10th 2001. I had visions again. Fires rolling over the sky. Bombs around nyc. Not in it.
Well said.
This docu was very well put together. It could have beer an hour longer yet. Thanks for sharing this
A beer every hour is how you get through any depression
If we can defeat greed and self love we won't have all these problems
This is superb historical documentary but it doesn't get below the surface and talk about the crime families that manipulated the economy.
That's another documentary all to itself.
If this doesn't sound familiar, you're not paying attention. History is rhyming.
With the proof of history repeating, why do we keep making the same stupid decisions!? 🥺🥺
Our government over spends, sends billions to aid wars overseas, taxes us 10 different ways to sundown and only they get richer and richer !
Greed?
Because so many people are ignorant of history! Blame the education system..🤷🏻♂️
Willful amnesia
@@tomtout6070 greed and everybody wants to be a dictator!
Excellent documentary in pulling together all the threads of governments and economies around the world to show the main elements that caused the Depression.
I have a feeling the modern version of this, which we are edging ever so slowly towards, will be far worse due to the QoL technologies we are so used to and require.
On a local level, many people formed cooperatives during this time period to survive. Cooperatives take out the profit motive and replace it with... cooperation. Everyone is a stakeholder.
That's what socialism is. Too bad more people don't understand this.
@@susanmercurio1060 On the contrary. I know the roots of this may be confusing, but these structures worked within the capitalism structure in many places, including in TX, where I once lived. In fact, our electric company was a co-op, and still is. An overly simplistic view of what these structures are, which also include your local credit unions, is very closed minded. Btw don't call me political names. I'm independent and used to be Republican, when the party was pure and not corrupted.
@@kristinmeyer489 A) WHAT political names?
B) OF COURSE any co-op in the US has to work within a capitalist system because that's what we have!
@@susanmercurio1060 You implied that I am a socialist. Then you told me the thing I already said (that we are in a capitalism structure) as if I hadn't said that. Leave me alone. You just want to pick a fight with someone you think you can find hate easily for. I don't need b.s. No one BUT NARCISSISTS seem to "need" other people to have "drama."
Well said but I’d say the profit motive is replace by survival
Fail to plan or plan to fail
History of USA summed up perfectly.
You can't plan for anything....your government owns you and they own all your money and all your possessions. They can now legally take everything you have and their is nothing you can do about it.
Well reminded. 👏
How do you do it today?
Sell my house take the kids and buy land somewhere and start building and prepping for the depression?
My grandparents once lived in a ultra poor area of Texas in the early 1900's. One time we asked my grandfather how the Great Depression of 1929 had affected his life when it happen. He paused for a moment and after recollecting his thoughts he said, "I don't think it ever made it down here."
I'm guessing your grandparents lived in a rural area. It's said the depression didn't hit ppl living in rural areas didn't hit rural ppl as it did city folks. Makes sense to me. 😊
@@Anabee3 You are right, rural areas specifically poor rural areas didn't get hit. My point was I don't think grandpa knew what a depression was cause he was already experiencing it all his life.
My advice is: work 2-3 jobs, save and buy some cheap land where you can grow your own food when there is no food to be found.
I tried that it was hard to grow food with lack of water and the land was so far away from civilization that only meth heads and mentally ill people lived as my neighbors so the rest is history had to sell my property to save my home in the city property tax was way too high and still is now that I'm 65 and on Social Security I get a discount on my property tax I suggest find a partner that has a very rich dad and marry them so when the dad croaks your partner will inherit their money women have been doing it for years us guys can learn from them
@@tomtroy3792
What if your partner takes off with her secret female lover and takes the dog, the pickup truck, and the banjo? 🤔👀😏
The Wallstreet crash did happen, but it bounced right back. The real depression happened 1.5 years later when Britain went off the gold standard and Americans got nervous. Rumors were spread and the run on the banks depleted cash and banks closed. People lost all their life's savings. It wasn't the stock market crash that lost their money.
Ben Bernanke, head of the Federal Reserve during the Great Resession admitted the Feds played a roll in causing the depression too.
Superb. This is a creative, original approach that broadened my understanding. Well done. Thanks.
Working hard wont pay off anymore..many will have to lower their standard of living.
Just to keep going .
Or turn to crime!
@@larmarThat's not the answer.
If I lived back then I would invest in hats & chuck Taylor's lol😅
Whose this narrator ? He's awesome. He's a mix of Gandalf and the late Richard Harris.
😂
"In 1929 the Red Army had 90 tanks. Four years later it had 4,700."
What do you have when you have two slices of bread and nothing to put between them?
A Hoover sandwich.
What do you call newspaper stuffed into people's clothes to keep them warm?
A Hoover blanket.
What do you call a soup made of beans, pasta, potatoes, carrots and if you were lucky hotdogs?
A Hovver stew.
What do you call a shanty town made up of cardboard and tar paper huts?
A Hooverville.
I read about it in HS and College.
So much happened before he even became president, though. He gets so much blame when really there’s a lot to go around.
So Biden is like Hoover
@@dcanada7108 Hoover responds to the bad economy in the worst way. He does absolutely nothing to help the American people, advising out of work men to try selling apples to feed their families. He also puts tariffs on all imports. This last bit was especially terrible. Because as other countries impose their own tariffs in response the economy just shut down. A bad recession became a depression.
@@jollyjohnthepirate3168 that’s not true, though. Even FDR’s vice president at the time accused Hoover of sending us “down a path to socialism “ with his government aid programs, which Hoover was worried would create government dependency. Early on FDR said government spending had to be curbed and then went on to spend more, although the depression was considered an unprecedented event, just like trump’s spending during Covid. Aside from the disastrous Smoot Hawley tariff, which was Hoover’s bad idea, many factors, including rampant consumer overspending and stock market speculation, were already in play. I think our massive loan to subsidize the German economy after WWI was probably in some way the very early start of it, and when they’re crippled with debt and we call in our loans there’s no money there.
Thank you for this video! This helped me a lot in my American culture exam. 😀👍
what are really the best strategies to make our portfolio recession proof. my wife is already panicking, so many questions! Should I shift my portfolio of around 600k to cash position?
Knowledgeable Investors know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions.
True, my porfolio took a massive hit in 2022, and I almost sold everything to switch to cash savings. However, I was advised to consult a pro. Following the guidance of this CFA, my portolio started increasing by 10% monthly. She had anticipated the crash and rebalanced my portflio accordingly.
@@MalikTillman-dy2qp Hey friend, can I work with your Fiduciary?
Hey friend, can I work with your Fiduciary?
Yeah, she is Jennifer Leigh Hickman, look her up. Anyone is free to contact her.
Honestly, this concerns me and has left me uneasy. Especially this potential depression, not even any more a recession. I'm unsure about my $130K account strategy, considering the uncertainty of this whole recession mostly.
If you lack knowledge about market investing tactics, get advice from a financial counselor.
Agreed! this is why I work with one. My $520k portfolio is well-matched for every market season yielding 85% rise from early last year to date. I and my advsor are working on more figures for this year. IMO, financial advisors are the most sought-after professionals after doctors.
I could really use the expertise of this advsors.
Her name is “VIVIAN CAROL GIOIA” can't divulge much. Most likely, the internet should have her basic info, you can research if you like
I just Googled her name and her website came up right away. It looks interesting so far. I'm going to send a mail to her and let you know how it goes.Thanks for sharing truly!
The narrator is awesome, love his sarcasm and wit 😂
The concept of wealth is a self-inflicting hell.
Just think.. 100 yrs later the stage is set again
Interesting/informative/entertaining. Special thanks to the still-motion photographers/historians. Making this presentation possible-!!!😉. Unfortunately many a photographer perished engaging in their art forms in both world wars-!!!😭.
Pretty good documentary. Glad to be around today.
The people were becoming too prosperous..so they concocted the depression to strip humanity of all they had
I love doing a degree in economic history. I think some of the best institutions where you can get decent postgraduate training are the LSE and the University of Uppsala.
Thank you
vibrant outlook towards the interwar era 👍👍
Just found this in my recommended feed!! Yay!!
Life is a comedy with tragic relief.
Peter O’Toole .
2.5% of Americans had any type of stock portfolio in 1929. The Great depression wasn't a failure of Wall Street, it was a run-on banks that caused the whole thing to collapse. The banks have been amazing at their propaganda of blaming Wall Street.
Thank you! People need to know the truth.
There was a run on banks because the market crashed. The market crashed because of gross mismanagement. You cannot separate one from the other, it's absolute cause and effect.
@@Kyletouchton Copied from the Federal Reserve history page.
Banking Panics of 1930-31
November 1930-August 1931
"The U.S. appeared to be poised for economic recovery following the stock market crash of 1929, until a series of bank panics in the fall of 1930 turned the recovery into the beginning of the Great Depression."
@@Kyletouchton The stock market crash happened in October 1929.
@MelissaR784 yeah it was a chain reaction. The market crashed which caused the major brokers to try to stabilize their own reserves by doing margin calls, the margin calls caught investors flat footed because they were way overextended for what they owed. So they started withdrawing funds en masse in an attempt to gain as much liquidity as possible, businesses started folding up shop because they were having to leverage their assets against what they owed, which put people out of work and when the banks started to fold from running their reserves dry it launched the panic run on the rest of the banks by people terrified they were going to lose all their money if they didn't get it out before their bank closed up next. Once again you absolutely cannot separate the 2. The crash caused a ripple effect that along with the dust bowl famine sank the world economy within 2 years.
The Manchurian bomb is same as Golf of Tonkin incident
Both probally madeup.
Hardly. Not even remotely equivalent.
Golf 😂
At 4:45 Stalin's right hand got too cold and needed warming up?
Must have been cold that day, I guess?
This seems to be a fairly comon affliction as seen in so many old paintings and photographs.
Will this be used as more proof of climate changing, perhaps?
Neoploianic affliction!!
Climate change 😂😂😂😂😂😂😂😂😂😂😂😂😂😂
One of stalins arms was shorter than the other due to deformity post surgery and he was self conscious about it, hence why he angled himself often in photos
The perfect storm
Vitamins don't fight a Disease.
They should have a history film class. (Maybe they do now). Nothing but watching films on history and writing reports on them
My immigrant GG GF James George, who came from Pembrokeshire in 1880 played by the rules and saved a bunch of money for he and my also Welsh GG GM Margaret to live on. Sadly, his savings went up in smoke when his bank closed in late 1929. My grandfather Harold Thomas was infuriated, as it crippled his idol maternal grandfather. This made him a Democrat for life.
"The failures of liberal government seemed clear so fascist strong men stepped in to deliver a solution"
Boy if that aint familiar...
Big emphasis on that now .......
About time, we learned how the Depression affected other countries besides the US.
It’s ludicrous to say that prosperity brought the market crash. It was stock exchanges that weren’t properly regulated that brought on the crash. Even after the crash, the economy was recovering. It wasn’t until government interfered in the economy did America head toward a depression.
Absolutely top👌
Good advice make sure you get a good rental house..you can afford with a decent backyard..find out if your landlord will let you have a garden.. especially a veggie one..then find out your city's rules on live stock in town..you might can keep chickens..1-2.. and maybe learn to forrage after studying what to look for..
if your town has a true farmers market and not a mlm hub...you can make a little extra cabbage selling cabbage and eggs..learn to can..its cheaper than actual canned food keep up to date with scrap metal prices..every nickel helps and if you must buy canned goods at least save the cans for a scrap yard that buys it...if it worked for our grandparents it can work for us.. don't be too chicken to get a hunting/ fishing license either itll come in handy and help avoid a poaching fine...but if you hit a deer with the family Buick and its dead and fresh take that sucker home and youll have meat all winter 😂
Looking back in time we can understand, someone up there loves us, the One who decided to make human specie evolve and thanks God, the world is. ..different...if not depressed in another way. How could we learn from such documentaries fighting back depression and mostly, war disputes that..bring us down... there are those kind of people that feel so worthless if not making our lives a hell torture, let's be careful and stay away from other financial disasters, do not put all the money the same place, either same bank account, neither same stock options, do not bet.. "all in" 😢😢😢do not let bad guys win to screw us the joy of life guys, such situations should never ever happen anymore.. no one 😢😢😢
😊😊😊😊😊😊 Thank you very much for the information. 😊😊😊😊😊😊😊😊😊
20:38 wow
I like the artwork of this film.
Believe in One God and ask for His forgiveness
When will humans learn. The only ones that benefit from war is flies, crows, maggots, and fools
WAR IS A RACKET
im greatly depressed
Great documentary but far too many ads.
The last presidental debate the only coherent convos were who plays gold better???!!!!!😢😢😢
And both sayn world war 3
I assume that the narrator is Jeremy Irons? Wish they would include that in the description.
The one and only.
I'm good with faces and voices usually. I guess it panned out.@@greggutierrez6997
Boss! Uncle Scar!😂😂😂😂 I can hear "Simba, it's to die for!"
Apparently it's not Jeremy irons
Narrator is rod mullinar
We in the US need to form a new Political party of all John Does. There was a film from 1936 entitled MEET JOHN DOE about just that. We the ordinary citizens
Learn from history - a standard of living based on debt and credit is a recipe for failure.
I know of men who talked about this, one said he called it % wind blew end ways, meaning all plumes including # influencea , shoes sealed
And the biggest problem is that too many think they have more of a problem now because the past doesn’t’ matter to most! The Depression lasted for 10 years while people today have a problem with mild inflation or recession that are child’s play in comparison to The Great Depression my parents and uncle went through being kids at the time. Mom was born two years after it started after the ‘29 Stock Market Crash.
It's more than probable we are about to experience something even worse.
@@bunsguns8222 nothing like fear mongering. Right now the Market is doing pretty good.
@farmtoplate123 no, really, the Market has been good lately. There isn’t gonna be another Crash. Even Fox News acknowledged that the market has been doing good and for once told the truth. The money I get is partly tied to how well the Market is.
Classic boomer stupidity. iT wAs WoRsE iN mY dAy. It is setting up to be an even worse depression than the Great Depression. All the signs are there. Your generation is responsible for this.
@farmtoplate123 and people muddled through the crash and Depression. Crabbing about it didn’t help.
I never realized that Ganhdi was so egotistical. The guy with him in the train window was pushed out of the way by Ganhdi.
He was just a grand stander. What did he actually do to improve the average citizens life-???🤔
Add the fact that many companies became rich due to wars
present tense - become rich. still happens
Yes, it is called war economy, such an economy thrives on the war machine
I hope all your people in the United States realize this is getting ready to happen again and it’s right around the corner
Really how?
@@deebrown7160Trump did last time and will do it again. Tariffs and start a trade war. STOOOOOPID
lol….. ok.
You people have been saying this for decades
@@deebrown7160 Don't worry about it. Soon you'll be asking why 🙄
What was the employment rate during the Great Depression?
us had 25% unemployment
Germany had 40%….very terrible times everywhere, worst in Germany.
“America hiccuped, Britain caught cold, and Germany nearly died” well known phrase of the times in books 📚
@@jakobquick6875Loved the quotes. Powerful imagery.
From my understanding, it was around 25% but there was also underemployment.
Even the people who had jobs were going hungry as the pay was extremely low.
My father who was about high school age when it started said that the people who did have jobs worked part time, rented out an extra room for income. My mother 's family moved in with their parents who had a farm. USA
At the 12:30 mark. A mouse scurried across my floor . The smell of farts wafted in, and I began to itch. It was my cue to turn off this propaganda anti German hit piece.
Note that the Depression was started by the Fed. Greenspan admitted it in his book
This was an angle of the prewar history I hadn't heard. very educational, appreciated the banking and financial view along with reparations that are still plaguing our current societal discourse.
Many people living in rural America weren't affected by the depression. Their poverty never changed. Others have told me it was their best decade because although wages were low, so were prices. My grandfather always said he'd rather butter cost one dollar and have the dollar to pay for it, than have it cost one cent and not have the penny. So, pick your poison. It depends how you're positioned both geographical and economical as to how you'll be able to survive. Remember, the Empire State building was built in the thirties, as well as the Grand Coulee dam, just to name a couple.
@farmtoplate123 You are correct and it's the truth, but not the entire truth. Taking events and applying them as if they were absolutes everywhere and for everyone is faulty reasoning. My great uncle, born c.1885, stated the depression was the best decade of his life. His pay was small but it took very little money to live. I have many other examples of talking to people and, like you I was raised in a household where we were taught the depression was the most horrible fate to endure. That message prompted my curiosity and after decades of reading and learning from other people, I understand like so many messages we hear, there's more to all stories.
The History repeat itself 😢
Most people don't know the truth about nine eleven so how do they know what really happened in all of history.
When the cab driver advises u on Bitcoin u know it’s time to sell
I can hear this guy all day long. What is his name?
I think people believe the world will crash its part of human condition.. the odds are the world will never see an era like this one again... truth is we did learn alot from the great depression!
Naturally every era is different. No two era is the same. Times is always changing.
AI is going to change the way we do everything. Its going to be an extremely messy transition though.
No wonder my dad couldn't tell me about the Stock Market crash in 29 he was born in 1915. He was 13 years old. But Grandfather still did the numbers racket to make a buck.
HISTORY DOESNT REPEAT BUT IT DOES RHYME....
10% of Americans were in the Stock market before the recession. Today 60% of savings in the stock market. No depression coming today as long as unemployment stays good.
too many false info commercials.. didn't finish this documentary
Sad. I only had one , and was able to skip it.
Maybe try again.
Ive never seen one
If you start a video, stage it to almost the end, let it play until finished then hit the replay, there won’t be commercials.
Use an ad blocker. I never get ads on TH-cam--even on the movies that say they are free with ads.
@@freedomspromise8519 I have Premium now but before I did I used this method successfully
What is the opposite of depression.?