I'm now 80 yrs old. My parents, their siblings, cousins, all suffered thru the Great Depression. My grandmothers, both grandfathers died during the Depression, scraped, scrimped, scavenged to keep the children fed and clothed. God, what wonderful people I had as family.
Born in 1949 I was surrounded by persons who lived through the depression in somewhat rural Southeastern US. Every family had gardens and everyone canned foods. I remember in the mid 50's visiting family that had a hand pump in the kitchen as the only modern convenience. My Mom was a great cook but seldom did she cook potatoes because she said them and eggs where they often the only thing to eat in her home. Her Dad died from pneumonia in 1928 and her Mom's income was from washing, ironing, and sewing through the depression and beyond. My Maternal Grandmother may not have had the toughest life but it sure wasn't a picnic.
My father grew up during the depression so my grandmother lived through it also but I don't think grandma got the memo to tell her the depression ended. Back in the 1960's when we would visit she would make this soup we called 'dishwater soup' Dishwater soup was 2 gallons of water, one pealed potato, one pealed onion and one pealed beat. If you were lucky you got the potato. She also bought my father 2 left shoes for his birthday in the 1960's. Grandma said 'you might walk a little funny but what do you want for $0.50'?
My grandmother lived in industrial England, she told tales of eating pigeons during the depression caused by American greed and recklessness. Come 2008 rinse and repeat and greedy American bankers once again destroy the global economy. As if triggering ww2 last time greed got the better of common sense and fiscal prudence wasn't enough damage. America the great Satan.
I grew up my parents my grandfather told me everything about the Great Depression I still follow those practices today I'm 65 years old are we better than a depression since Joe Biden ruined our country
It seemed like my parents told me something of their hardship during the depression every week. I was born in 1950, and had no clue what they were even talking about! I looked around and we had lots of food and work and 'stuff' and a nice Chrysler car too. These day, I know of what they spoke.
My father and mother got married during the depression, they live on a farm and when we moved to the city, my father never used a bank, bc of all the money that people lost during those years..
Very well done! Great presentation.! Everyone should watch this. I hated history class in school. As I have aged, I realize the importance and magnitude of knowledge of the past. Thank you for sharing.
The system is failing as a result of both government and federal policy. In the next days, the banking crisis would have to be epic and gigantic for the FED to decide not to raise interest rates. This won't happen; an increase and a crash are coming. There will be more negative portfolios this 3rd half of 2024 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
This is striking! could you share info of your advisor, please? i'm in dire need of asset allocation and standing at a crossroads, whether to sell-off or keep holding my positions, my portfolio is retrogressing bad as of late
My CFA ’Annette Christine Conte’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
I love watching videos on the Great Depression. It’s like watching a documentary explaining the future. I love noting the remarkable parallels with current times and rubbing my hands at the opportunities ahead, including the crash itself. I wonder, at times, if it’s all manipulated. If the same economic cycles are played out, over and over; preying on human emotion and recycled, to the benefit of a wealthy few. There are three people in life: The ones who make things happen, the ones who watch what happens and the ones who wonder what happened. Which one are you? 👀
There are also Savers and Spenders. The Spenders use credit beyond reasonable levels, have no emergency fund, when tough times come the Savers buy out the Spenders, their investsments increase, the economic cycle of boom bust repeats.
FYI: A second, smaller Bonus March in 1933 at the start of the Roosevelt administration was defused in May with an offer of jobs with the Civilian Conservation Corps (CCC) at Fort Hunt, Virginia, which most of the group accepted. Those who chose not to work for the CCC by the May 22 deadline were given transportation home. In 1936, Congress overrode President Roosevelt's veto and paid the veterans their bonus nine years early.
Many didn’t notice because they already had nothing and grew what they ate or bartered. Its coming back I don’t believe the percent the department of labor and statistics says. Unemployment and my inflation is 50-200 percent across the board. Working people are reliant upon food banks which have less donations and its poison processed food. 😢🙏🏻🙏🏻🙏🏻🇺🇸
We are not repeating this. They are inflating the debt away. No reforms and the government is bailing all the rich while us little guys are paying the price
@@kyfeam depression? No. It’ll be driven by a melt up. It’ll be stagflation to inflation forever more. Prices coming down with the amount of debt isn’t acceptable. The stock market can’t crash, if it loses 500 to 1k points, it’s closed, money is printed and pumped in then the market skyrockets again. The rich get richer.
@@trickiification Well, my dad lived through the holocaust, WW2, and the great depression. He’d say a “recession”, … not a “depression”. Let’s not get dramatic
Not everyone was poor or affected by the great depression, just as the 2008 financial crisis had no effect upon me personally, but the 1980 recession did impact me. We over look the America that was unaffected during the great depression and focus on the hooverville and the dust bowl. Some people prospered during the 1930's and others were affected but not so much. Life went on.
My father, in small town SW Ohio, said they didn't know the great depression was going on. He was making 50 cents per hour playing the fiddle at square dances when the day rate was 25 cents per hour. Later, he entered the 3 Cs and sent all his extra money back home to his parents. His elderly father had lost $2000 investing in a local business.
25% of the labor force was out of work during the great depression. It would be impossible not the see the affect the depression had on others, even if it did not have a personal effect on you. During Hoover's presidency, about half a million people lost their homes. If you have nothing, you lost less. People who didn't adjust to the decreased demand for raw materials after the war lost the most, but it is hard to believe that people were oblivious to what was happening to others around them. Life did not go on for everyone. Some people died of starvation, and you don't die of starvation in a day. Children were disfigured by malnutrition. TB, typhoid, and other disease were rampant. Even people who didn't lose their jobs in 2008 had children and grandchildren who were affected by the crisis. When we have to help our children make it, it affects us.
This is because the FDIC under FDR prevented another national tragedy. Just like every other bubble since that burst just like 2018. Your money is protected in the bank. Keep it under your mattress? Good luck with that😢
Around the 6 minute mark, did the narrator say the Hoovervilles were named after the President Edgar Hoover? That makes me question the quality of the rest of the narration. Herbert Hoover was President. J Edgar Hoover was the first FBI director starting in the mid-1930s...
Gone with the Wind was not the first technicolor film (just listening passively at this point). You need to go over this doc with a fine tooth comb and re-post.
Giving babies melted pork fat?😢Poor babies, so many of them never got the chance to live, grow old and have a life. Shame on all of us now who dare to complain about not having enough. We've seen nothing. We dont know what difficult times feel like. We should all be grateful for being born after the WW2 and Great Depression.
No reason to give babies pork fat, the mom should breast feed, so one has to ask was it rumor or truth. I'm not saying that no babies didn't starve to death, but it was rare. Mostly they would have suffered from malnutrition and then died of some diseases rather than solely starving. Actual documented deaths from starvation was low.
@@jamesalias595 James, with all do respect, what do men know about breastfeeding? I have a 5 month old and I solely formula bottle feed him because I was never able to produce milk myself. I am scared to imagine how must have been to be a mother during those times, with no resources or no money to purchase goods. In regards to your statement "the mom should breastfeed" Please don't try to throw your empty options out there, when you have no clue how breastfeeding works or how it is to be a mom.
My father, in small town SW Ohio, said they didn't know the great depression was going on. As a teenager, he was making 50 cents per hour playing the fiddle at square dances when the day rate was 25 cents per hour. Later, he entered the 3 Cs and sent all his extra money back home to his parents. His elderly father had lost $2000 investing in a local business.
I thought it was Nixon who took USA off the gold backed dollar. I think it was FDR who seized people's gold from them, people had to surrender the gold to gov't, kind od like our income from personal earnings are taxed away from us.
Yes > Great photography of the 20's and 30's ; and a great display, But a socialised glory of nonsense about Roosevelt bearing not too much appreciation of reality.
Depressions are part of economic cycles (watch "how the economic machine works" by Ray Dalio) The 1921 depression was by all measures far worse but was over quickly. Milton Friedman proved the great depression was caused by government.
beautiful documentary! I’m Fil-am born in 60’s. America 🇺🇸 was a great country. me and my family migrated to US 1990. we really hv good life, important and export business. Thank u so much for sharing this documentary. America will be great Again. God is good!😊
My grandfather was a very wealthy contractor who lost most of his money during the Depression. He was a wheeler dealer and managed to thrive. He eventually became a real estate agent after the Depression and did fairly well again but not like before.
This was all by design! Rivers in the midwest were rerouted to feed the colorado river system! Huge dams were built to power electricity to the west etc! That is what caused the drought! It forced people to migrate west to California!
It would appear from this documentary, life in America was extremely difficult from 1929 until 1945. Imagine the difficulty of the average American living through those 16 years. Yet I learned from this film, the roaring twenties was not exactly a party for the "average" American so it was oh, twenty years of hardship for millions of Americans. How they suffered for us here, today, in 2024.
The truth is that our history has been sanitized for so long, we are only just now learning the truth of how people lived in the 20th century. Some of the pictures shown in the video have holes poked in them and should have been destroyed. We were never meant to see them.
I keep asking where did the money go 30 billion in 1929 is like half a trillion in today’s money and that disappeared in a week so where did all that money go
I’m a god of devaluation, I buy it and it goes down! Why I can't make earnings is beyond me. It can be annoying how volatile the market is. How can I ride this fresh wave of all-time highs without getting burned again with $450k set aside to get fully invested this year?
I think the whole thing about holding stocks for long term will always apply. So I think you should get a quality broker who is able to analyze and pick stocks that will do well in the long term, else you will be in a long bear ride.
You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a broker, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst.
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Melissa Elise Robinson for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
Dorothea Lange’s haunting, somber photographs tell everything in so much detail. In every face the eyes and drawn looks speak volumes in their austere silences. Yet in some, as in the larger family standing together, the children had socks and were well shod, showing how some people weren’t as destitute. Looking at their faces they seem determined to not be beaten, though they were living in a tent. But in the faces of others who have been reduced to mended rags, weariness brought age that crept into even the faces of children. They look worn, their eyes held a distant emptiness that had taken childhood from them. It would never return. They wear the same as their parents; tattered, ill fitting, piecemeal garments, handed down and too large or too small; worn out dresses, patched pants and shirts. Even what’s past rag bag condition must be saved, mended and worn. Garbage piles were meticulously searched in hopes of finding anything useable. Dorothea’s photographs tell a story without need of a single word. The language of the poor was silence. They’d been left without even their pride. Poverty was all there was. My goodness but the poorest of the poor had less than nothing. Every day another hard day of nothing. A myriad of lives in caravans, weaving a trail through the dirt of endless days and nights without any thought of dreams. The poor could ill afford those. Thank you for an excellent documentary of the Depression.
Looking back 50 years ago, when my Grandpa was ask what happen to him during the 30s Would shock anybody to hear it out of the horse mouth, but after reading Hard Times, with this presentation, you can gain a good understanding, about 40% But what my Grandpa said, it was so unreal how bad it really was... and can get, but 10 x worst..
For those who like to read history, the book titled "Freedom From Fear: The American People in Depression and War, 1929-1945" by David M. Kennedy. You will learn about things not taught in history classes about the depression, what lead up to WWII, and the war itself.
Slice, you missed a huge ‘slice’ of the Great Depression and the New Deal policies that FDR implemented. First off, the story begins in the 1880s when a very young Japanese Emperor Hirohito, was attempting to modernize his country and bring about an end to the feudal system there, so he sent word to all the industrialized nations to come to Japan. Long story short, the USA managed to get a contract to train and build a national army, navy, with new technologies. This couldn’t have happened at a better time as the USA was slipping into a recession and still recovering from a brutal civil war, so the USA jumped at the opportunity. Fast forward to 1929, the stock markets crashed bringing the USA into the Great Depression. Once FDR was elected, he began imposing his New Deal policies, but where was the money coming from? The USA was broke and on the verge of collapse. So he turned to Japan who at the time who had an incredible economy going on and on the grounds that the USA wouldn’t denounce Japan’s colonization of China, they gave FDR the funds to work his New Deal. But, they also demanded some degree of collateral so to meet their demands FDR removed the USA from the Gold Standard and made it illegal for any American to possess gold. It had to be turned into the government for, at a serious reduction in face value, paper money. All this gold was melted into ingots and the Reserve Bank system was born! Outside of government control, ran by a private entity! Fast forward again, after the many massacres committed by the Japanese in their plight to subdue China and other Asian countries, the USA didn’t stay quiet about that! They publicly denounced the Japanese government for their actions in China, forcing the Japanese delegation in the League of Nations to leave. Soon after that, Japan called in its debt from the USA who flat out refused to pay it. By 1936 the money was running out and FDR was forced to find another means of funding, that’s when he began selling arms to the enemies of Japan, Germany, and Italy. Which was a violation of their neutrality act and was considered an act of war by the Japanese who recalled all their diplomats and began preparing for war with the USA. As they say, the rest is history.
My friend we are no where close! We’re not even close to the 08 financial crisis…. If you have criticisms of the current economic status or even broader economic theory practiced I get that, but it’s non comparable to that of the great depression
@Adam-cu9xo True words. Also I noticed that the makers of the video conveniently left out who caused the great depression....... the same families that now own the federal reserve. They caused that crash in order to scare the public into complying with the idea of centralized bank and fiat currency.
Like Joni Mitchells song 'the circle game' nothing really changes when one is 'Governed' by people who want to own you. or your labour. We seem to be far ahead from the poverty and hardship of the 1920's and 30's . But are we really. We are disposable people it seems. Better stuff, but at what cost, if they want your soul in return? You look into those pictures eyes, and gaze at their bare feet, and ragged cloths. There but by the Grace of God eh?
I was born in 1946 and I had first cousins born in the 1930's. My father and his family went through the Great Depression. I will give you some advice, grow a garden and learn to eat raw potatoes, swewt corn, radishes, tomatoes and other things during the day if you get hungry. Learn to hunt and fish and how to live off of wild plants.
Money didn’t really disappear it just was consolidated and didn’t flow. Flow of money charts are great resources. What causes any recession is money stops moving hands. This is why wages need to keep up with inflation and so many people are underpaid.
The odds don't look good. Much if the rest of the West is with you. Germany is falling now, the five-eyes countries are all led by woke sickly puppets. I got out of New Zealand and came to Thailand,, South east Asia is ok, not expensive. Buy some gold if you can
Look at us now. My Grandmother was right. She told me when i was a young boy the rich get richer and poor get poorer. Look around the good ole US of A and take a look at some of the City's that are not doing so well. History dose repeat its self.
Its already started, if you are in the USA that should be obvious. Yiur currency has been printed uo to about 50 trillion dollars, most of that in the Exchange stability fund with Blackrock privately owned. The USA is bankrupt, fastest decline of an empire in history
Depression is garbage. I went through 2 crashes myself. And I'm 59. People suffer because they don't bind together. Plain and simple. If a group is in a room and it's freezing- they can either freeze or huddle up.
Yeah, I had I to rewind to make sure I heard that right. How can you make a documentary and get the President's first name wrong? Edgar Hoover was a different guy.
Much maligned, and he did want to see us do well. He was made out as a bad president, but he was never really told how deep and bad things were in total. Bad timing was his lot in life. I have read a few books on him. He wasn't evil, misinformed by those who advised him probably. He loved his grand kids a lot.
i really want to study Hitlers campaign.. I am curious if Germany knew what they were getting into prior to him winning. And i wonder how the depression era correlates with politics and/or wars and if our current government is on the brink of repeating this horrific time period
I don’t understand how MacArthur could’ve done what he done against his own kind when my dad passed away and we went to clean up his house all the canned food that was under the bed and in the closet because he grew up during the depression without anything ,him and three of these brothers quit school to attend the farm , he was in the 3rd grade
My parents were only 3 and 5 years old but my grandmother said if you saw mold on bread or cheese you picked it off and ate it. I'll bet the people in the administration didn't have to do that, or did they go hungry.
YT move in and force us out, but didn’t want us in their neighborhood and nothing has changed. The stories my grandparents told us kids about The Great Depression were horrible, and if they didn’t have a small farm they would’ve starved!
Great photography of the 20's and 30's ; and a great display, But a socialised glory of nonsense about Roosevelt bearing not too much appreciation of reality.
Men did wear hats. They did during the next few decades as well, up through most of the fifties. Men wanted a shade in the sun and something warm in the winter, and they always tipped their hats to the ladies. I was just a little girl but I remember that well, and my father wore a hat a lot of the time. These days only men wearing western hats show respect by tipping their hats. I miss the older days.
I'm now 80 yrs old. My parents, their siblings, cousins, all suffered thru the Great Depression. My grandmothers, both grandfathers died during the Depression, scraped, scrimped, scavenged to keep the children fed and clothed. God, what wonderful people I had as family.
Born in 1949 I was surrounded by persons who lived through the depression in somewhat rural Southeastern US. Every family had gardens and everyone canned foods. I remember in the mid 50's visiting family that had a hand pump in the kitchen as the only modern convenience. My Mom was a great cook but seldom did she cook potatoes because she said them and eggs where they often the only thing to eat in her home. Her Dad died from pneumonia in 1928 and her Mom's income was from washing, ironing, and sewing through the depression and beyond. My Maternal Grandmother may not have had the toughest life but it sure wasn't a picnic.
My father grew up during the depression so my grandmother lived through it also but I don't think grandma got the memo to tell her the depression ended. Back in the 1960's when we would visit she would make this soup we called 'dishwater soup' Dishwater soup was 2 gallons of water, one pealed potato, one pealed onion and one pealed beat. If you were lucky you got the potato. She also bought my father 2 left shoes for his birthday in the 1960's. Grandma said 'you might walk a little funny but what do you want for $0.50'?
😂
My grandmother lived in industrial England, she told tales of eating pigeons during the depression caused by American greed and recklessness. Come 2008 rinse and repeat and greedy American bankers once again destroy the global economy. As if triggering ww2 last time greed got the better of common sense and fiscal prudence wasn't enough damage. America the great Satan.
I grew up my parents my grandfather told me everything about the Great Depression I still follow those practices today I'm 65 years old are we better than a depression since Joe Biden ruined our country
Yes and I have a hand pump outside my house Root Cellar in my crawl space
Both my parents grew up during the Depression. It was definitely hard times. Thanks for sharing.
It seemed like my parents told me something of their hardship during the depression every week.
I was born in 1950, and had no clue what they were even talking about! I looked around and we had lots of food and work and 'stuff' and a nice Chrysler car too.
These day, I know of what they spoke.
@luckyguy600 yeah those were difficult times during the depression.
@pedenmk how do you know?....Are you 95 years old?
Grandpa talked about it with me. He said the only way to survive it was to have no debt. He said I never want to be poor again.
@@timferguson593 what is poor?
My daddy went through the depression it was tough. It is the greatest generation. He worked at the CC camp in the California Sierras.
"Taxes going up to fight inflation". That makes no sense....inflation is a tax.
@harrypettersen6714 no it doesn't....increasing taxes does not fight inflation....decreasing the money supply fights inflation.
Increased taxation does lower inflation as the government borrows less currency into existence which is the inflation
Increase taxes -> decrease money supply -> decrease inflation
ECON 101
@@claude6543 but then the government has more money to spend increasing prices ?
@@claude6543 inflation is the creation of the currency 101
My father and mother got married during the depression, they live on a farm and when we moved to the city, my father never used a bank, bc of all the money that people lost during those years..
Very well done! Great presentation.! Everyone should watch this. I hated history class in school. As I have aged, I realize the importance and magnitude of knowledge of the past. Thank you for sharing.
The system is failing as a result of both government and federal policy. In the next days, the banking crisis would have to be epic and gigantic for the FED to decide not to raise interest rates. This won't happen; an increase and a crash are coming. There will be more negative portfolios this 3rd half of 2024 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
This is striking! could you share info of your advisor, please? i'm in dire need of asset allocation and standing at a crossroads, whether to sell-off or keep holding my positions, my portfolio is retrogressing bad as of late
My CFA ’Annette Christine Conte’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Just ran an online search on her name and came across her websiite; pretty well educated. thank you for sharing
I love watching videos on the Great Depression. It’s like watching a documentary explaining the future. I love noting the remarkable parallels with current times and rubbing my hands at the opportunities ahead, including the crash itself. I wonder, at times, if it’s all manipulated. If the same economic cycles are played out, over and over; preying on human emotion and recycled, to the benefit of a wealthy few. There are three people in life: The ones who make things happen, the ones who watch what happens and the ones who wonder what happened. Which one are you? 👀
True
There are also Savers and Spenders. The Spenders use credit beyond reasonable levels, have no emergency fund, when tough times come the Savers buy out the Spenders, their investsments increase, the economic cycle of boom bust repeats.
FYI: A second, smaller Bonus March in 1933 at the start of the Roosevelt administration was defused in May with an offer of jobs with the Civilian Conservation Corps (CCC) at Fort Hunt, Virginia, which most of the group accepted. Those who chose not to work for the CCC by the May 22 deadline were given transportation home. In 1936, Congress overrode President Roosevelt's veto and paid the veterans their bonus nine years early.
Brilliant presentation. Wow, 270K negatives by you and your team. This documented an important era of American history.
Incredible and truthful documentary about great depression of America 🇺🇸 in 1929 and aftermath.....thanks for sharing
Many didn’t notice because they already had nothing and grew what they ate or bartered. Its coming back I don’t believe the percent the department of labor and statistics says. Unemployment and my inflation is 50-200 percent across the board. Working people are reliant upon food banks which have less donations and its poison processed food. 😢🙏🏻🙏🏻🙏🏻🇺🇸
One expert (outside America) says it will be back in 2025.
But the present generation has no ability or knowledge to sustain themselves, nor a "plot" (garden) to piss in.
About to repeat this soon.. get ready folks..
We are not repeating this. They are inflating the debt away. No reforms and the government is bailing all the rich while us little guys are paying the price
Not remotely
@@kyfeam depression? No. It’ll be driven by a melt up. It’ll be stagflation to inflation forever more. Prices coming down with the amount of debt isn’t acceptable. The stock market can’t crash, if it loses 500 to 1k points, it’s closed, money is printed and pumped in then the market skyrockets again. The rich get richer.
read some of the forecasts of economic experts. You may change your view.
@@trickiification Well, my dad lived through the holocaust, WW2, and the great depression. He’d say a “recession”, … not a “depression”. Let’s not get dramatic
Not everyone was poor or affected by the great depression, just as the 2008 financial crisis had no effect upon me personally, but the 1980 recession did impact me. We over look the America that was unaffected during the great depression and focus on the hooverville and the dust bowl. Some people prospered during the 1930's and others were affected but not so much. Life went on.
My father, in small town SW Ohio, said they didn't know the great depression was going on. He was making 50 cents per hour playing the fiddle at square dances when the day rate was 25 cents per hour. Later, he entered the 3 Cs and sent all his extra money back home to his parents. His elderly father had lost $2000 investing in a local business.
Everyone was affected by the depression, both directly and indirectly.
25% of the labor force was out of work during the great depression. It would be impossible not the see the affect the depression had on others, even if it did not have a personal effect on you. During Hoover's presidency, about half a million people lost their homes. If you have nothing, you lost less. People who didn't adjust to the decreased demand for raw materials after the war lost the most, but it is hard to believe that people were oblivious to what was happening to others around them. Life did not go on for everyone. Some people died of starvation, and you don't die of starvation in a day. Children were disfigured by malnutrition. TB, typhoid, and other disease were rampant.
Even people who didn't lose their jobs in 2008 had children and grandchildren who were affected by the crisis. When we have to help our children make it, it affects us.
This is because the FDIC under FDR prevented another national tragedy. Just like every other bubble since that burst just like 2018. Your money is protected in the bank. Keep it under your mattress? Good luck with that😢
Around the 6 minute mark, did the narrator say the Hoovervilles were named after the President Edgar Hoover? That makes me question the quality of the rest of the narration. Herbert Hoover was President. J Edgar Hoover was the first FBI director starting in the mid-1930s...
He also mispronounced Dorthea Lange's name...
Gone with the Wind was not the first technicolor film (just listening passively at this point). You need to go over this doc with a fine tooth comb and re-post.
Makes one wonder if this was AI generated 😂
@@mtyfresa
“The Gulf Between” (1917) was the first Technicolor film. I believe GWTW was made sometime around 1939.
I thought the same thing. I am already skeptical of any documentary on youtube, so gonna skip this channel.
Giving babies melted pork fat?😢Poor babies, so many of them never got the chance to live, grow old and have a life. Shame on all of us now who dare to complain about not having enough. We've seen nothing. We dont know what difficult times feel like. We should all be grateful for being born after the WW2 and Great Depression.
No reason to give babies pork fat, the mom should breast feed, so one has to ask was it rumor or truth. I'm not saying that no babies didn't starve to death, but it was rare. Mostly they would have suffered from malnutrition and then died of some diseases rather than solely starving. Actual documented deaths from starvation was low.
@@jamesalias595 James, with all do respect, what do men know about breastfeeding? I have a 5 month old and I solely formula bottle feed him because I was never able to produce milk myself. I am scared to imagine how must have been to be a mother during those times, with no resources or no money to purchase goods. In regards to your statement "the mom should breastfeed" Please don't try to throw your empty options out there, when you have no clue how breastfeeding works or how it is to be a mom.
pork fat on toast is my go to for breakfast
@@ykvl1812bravo ,u Evropi su mnoga djeca odrasla na masti i domačem kruhu ,siru i mlijeku😢
@@leptir7110 lard and paprika on a lepinja! hoo
polenta pour speck on it.
My father, in small town SW Ohio, said they didn't know the great depression was going on. As a teenager, he was making 50 cents per hour playing the fiddle at square dances when the day rate was 25 cents per hour. Later, he entered the 3 Cs and sent all his extra money back home to his parents. His elderly father had lost $2000 investing in a local business.
FDR ended the gold standard a terrible move for the people
I thought it was Nixon who took USA off the gold backed dollar. I think it was FDR who seized people's gold from them, people had to surrender the gold to gov't, kind od like our income from personal earnings are taxed away from us.
Yes > Great photography of the 20's and 30's ; and a great display, But a socialised glory of nonsense about Roosevelt bearing not too much appreciation of reality.
Depressions are part of economic cycles (watch "how the economic machine works" by Ray Dalio) The 1921 depression was by all measures far worse but was over quickly. Milton Friedman proved the great depression was caused by government.
It was caused by the Smoot Hawley Tariff Act that President Hoover signed off on, so technically he was the cause of the Great Depression
Merci beaucoup pour l'histoire de 1929 Great Depression ❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤😊❤❤❤❤❤❤❤
Millions of blessings,
Esther St Juste
beautiful documentary! I’m Fil-am born in 60’s. America 🇺🇸 was a great country. me and my family migrated to US 1990.
we really hv good life, important and export business. Thank u so much for sharing this documentary. America will be great
Again. God is good!😊
a really interesting watch, thanks for this.
5:53 Herbert Hoover, not Edgar Hoover. I guess the hunger is affecting your brain!
Don’t keep your money in the bank is what the old timers said
Bank of America very soon; and then the rest Bail ins>> Probably best to get any large deposits out.
There was no FDIC at the time. That was coming-
I will never understand why poor people with nothing still had children, and it's even worse today. If you can't feed them, don't breed them
Finally a new topic. Please do stuff other than ww2, putin etc that are all over the place. Thank you
Lets hope he doesn't do a WW III video
This is the roots of the crisis we have globally
My grandfather was a very wealthy contractor who lost most of his money during the Depression. He was a wheeler dealer and managed to thrive. He eventually became a real estate agent after the Depression and did fairly well again but not like before.
I love how this is narrated. Sounds like first hand experience instead of historians telling about it and having to see them tell about it.
This was all by design! Rivers in the midwest were rerouted to feed the colorado river system! Huge dams were built to power electricity to the west etc! That is what caused the drought! It forced people to migrate west to California!
^^^^ Talk about geography challenged, never heard of the Continental Divide and the Rockies??? yea water doesn’t flow uphill.
The narrator confused the name of the US President in 1929- HERBERT Hoover- with that of FBI Director J. EDGAR Hoover...
It would appear from this documentary, life in America was extremely difficult from 1929 until 1945. Imagine the difficulty of the average American living through those 16 years. Yet I learned from this film, the roaring twenties was not exactly a party for the "average" American so it was oh, twenty years of hardship for millions of Americans. How they suffered for us here, today, in 2024.
The truth is that our history has been sanitized for so long, we are only just now learning the truth of how people lived in the 20th century. Some of the pictures shown in the video have holes poked in them and should have been destroyed. We were never meant to see them.
Thank you very much
I keep asking where did the money go 30 billion in 1929 is like half a trillion in today’s money and that disappeared in a week so where did all that money go
It went to money heaven.
It went to the billionaires who manipulated the stock markets , just like now.
The answer is it was never there.
Rich stay rich and poor were poor already.nothing changes.
never existed in the first place
I’m a god of devaluation, I buy it and it goes down! Why I can't make earnings is beyond me. It can be annoying how volatile the market is. How can I ride this fresh wave of all-time highs without getting burned again with $450k set aside to get fully invested this year?
I think the whole thing about holding stocks for long term will always apply. So I think you should get a quality broker who is able to analyze and pick stocks that will do well in the long term, else you will be in a long bear ride.
You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a broker, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst.
This sound interesting. I’m not really one to use pro analysts, but I guess it would not hurt to try one. My portfolio is in the red waters right now
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Melissa Elise Robinson for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.
Good summary of the seeds then roots of the poisoning of the US as a constitutional republic.
"I have never been this entertained since the stock market crash of 1929"-Alastor hazbin hotel
Great pictures.
Dorothea Lange’s haunting, somber photographs tell everything in so much detail. In every face the eyes and drawn looks speak volumes in their austere silences. Yet in some, as in the larger family standing together, the children had socks and were well shod, showing how some people weren’t as destitute. Looking at their faces they seem determined to not be beaten, though they were living in a tent. But in the faces of others who have been reduced to mended rags, weariness brought age that crept into even the faces of children. They look worn, their eyes held a distant emptiness that had taken childhood from them. It would never return. They wear the same as their parents; tattered, ill fitting, piecemeal garments, handed down and too large or too small; worn out dresses, patched pants and shirts. Even what’s past rag bag condition must be saved, mended and worn. Garbage piles were meticulously searched in hopes of finding anything useable.
Dorothea’s photographs tell a story without need of a single word. The language of the poor was silence. They’d been left without even their pride. Poverty was all there was.
My goodness but the poorest of the poor had less than nothing. Every day another hard day of nothing. A myriad of lives in caravans, weaving a trail through the dirt of endless days and nights without any thought of dreams. The poor could ill afford those.
Thank you for an excellent documentary of the Depression.
Stock market crash and trade wars via protective tariffs
Hmm...history repeating itself.
I still eat dripping on bread w pepper. My mum had it during the depression... as a treat.
Looking back 50 years ago, when my Grandpa was ask what happen to him during the 30s
Would shock anybody to hear it out of the horse mouth, but after reading Hard Times, with this presentation, you can gain a good understanding, about 40%
But what my Grandpa said, it was so unreal how bad it really was... and can get, but 10 x worst..
FDR for "Change"! Sounds very familiar! I stopped watching at 12:30, 😅
Everybody says the world is in a another great depression , far from it, the great depression had no safety nets to fall back on like they do now.
We are a few years. Safety net is just government programs if we aren't able to pay our debts and default there is no net.
36 trillion dollars in debt eradicates all safety nets.
"President Edgar Hoover???"
For those who like to read history, the book titled "Freedom From Fear: The American People in Depression and War, 1929-1945" by David M. Kennedy. You will learn about things not taught in history classes about the depression, what lead up to WWII, and the war itself.
My dad lived in a small town Ponca Nebraska He said nobody had any money but there was plenty of food and basic necessities
My 90 year old mom still talks about the Great Depression.
Well tell her its over
Slice, you missed a huge ‘slice’ of the Great Depression and the New Deal policies that FDR implemented. First off, the story begins in the 1880s when a very young Japanese Emperor Hirohito, was attempting to modernize his country and bring about an end to the feudal system there, so he sent word to all the industrialized nations to come to Japan. Long story short, the USA managed to get a contract to train and build a national army, navy, with new technologies. This couldn’t have happened at a better time as the USA was slipping into a recession and still recovering from a brutal civil war, so the USA jumped at the opportunity. Fast forward to 1929, the stock markets crashed bringing the USA into the Great Depression. Once FDR was elected, he began imposing his New Deal policies, but where was the money coming from? The USA was broke and on the verge of collapse. So he turned to Japan who at the time who had an incredible economy going on and on the grounds that the USA wouldn’t denounce Japan’s colonization of China, they gave FDR the funds to work his New Deal. But, they also demanded some degree of collateral so to meet their demands FDR removed the USA from the Gold Standard and made it illegal for any American to possess gold. It had to be turned into the government for, at a serious reduction in face value, paper money. All this gold was melted into ingots and the Reserve Bank system was born! Outside of government control, ran by a private entity! Fast forward again, after the many massacres committed by the Japanese in their plight to subdue China and other Asian countries, the USA didn’t stay quiet about that! They publicly denounced the Japanese government for their actions in China, forcing the Japanese delegation in the League of Nations to leave. Soon after that, Japan called in its debt from the USA who flat out refused to pay it. By 1936 the money was running out and FDR was forced to find another means of funding, that’s when he began selling arms to the enemies of Japan, Germany, and Italy. Which was a violation of their neutrality act and was considered an act of war by the Japanese who recalled all their diplomats and began preparing for war with the USA. As they say, the rest is history.
Let's go 😢😮 we are already broke can't get much worse
you ain't seen nothing yet
Great. and accurate content.
After listening to this we are in a Great Depression in 2024
My friend we are no where close! We’re not even close to the 08 financial crisis….
If you have criticisms of the current economic status or even broader economic theory practiced I get that, but it’s non comparable to that of the great depression
@Adam-cu9xo True words. Also I noticed that the makers of the video conveniently left out who caused the great depression....... the same families that now own the federal reserve. They caused that crash in order to scare the public into complying with the idea of centralized bank and fiat currency.
Nope. We arent.
@@welderlogic1806 🧐 interesting I’ll have to look that up
Like Joni Mitchells song 'the circle game' nothing really changes when one is 'Governed' by people who want to own you. or your labour.
We seem to be far ahead from the poverty and hardship of the 1920's and 30's . But are we really. We are disposable people it seems.
Better stuff, but at what cost, if they want your soul in return?
You look into those pictures eyes, and gaze at their bare feet, and ragged cloths.
There but by the Grace of God eh?
Excellent!
I was born in 1946 and I had first cousins born in the 1930's. My father and his family went through the Great Depression. I will give you some advice, grow a garden and learn to eat raw potatoes, swewt corn, radishes, tomatoes and other things during the day if you get hungry. Learn to hunt and fish and how to live off of wild plants.
Why would you eat potatoes or corn raw when all you have to do is boil water.?
@johnnyb4187 it was during the if we got hungry. It was like a snack to us. Because we worked so hard that we needed a pick me up.
This seemed like more of a Roosevelt puff piece than a documentary on the depression.
Excellent.
Money didn’t really disappear it just was consolidated and didn’t flow. Flow of money charts are great resources. What causes any recession is money stops moving hands. This is why wages need to keep up with inflation and so many people are underpaid.
37:30 hemmm, I feel like someone should mention this law to Biden.
Thank you
Now, the odds of achieving the Ameican dream is 1/346,032,922. Good luck with that!
The odds don't look good. Much if the rest of the West is with you. Germany is falling now, the five-eyes countries are all led by woke sickly puppets. I got out of New Zealand and came to Thailand,, South east Asia is ok, not expensive. Buy some gold if you can
Brilliant!!!
08:45 ish, Roosevelt was a dyed in the wool Conservative? Huh, I never knew that?
Then they called in our gold to reall give it to us.
Look at us now. My Grandmother was right. She told me when i was a young boy the rich get richer and poor get poorer. Look around the good ole US of A and take a look at some of the City's that are not doing so well. History dose repeat its self.
The difference between the homeless from then til now ? The homeless back then had honor , pride and dignity . Today it’s mostly self inflicted
Beautifully Poetic
Your comment gets you nominated fr a Darwin Award.
Figured I better watch this so I'd be ready for what's coming for most of us after the first of the year 😢😢😢
is this completely ai generated?
Edgar Cayce, America's sleeping prophet, predicted the depression and said that for the ordinary ppl those that could farm/garden would fair the best.
2:33 Edgar Hoover was NOT the president. It was HERBERT HOOVER
it could happen again
Its already started, if you are in the USA that should be obvious. Yiur currency has been printed uo to about 50 trillion dollars, most of that in the Exchange stability fund with Blackrock privately owned. The USA is bankrupt, fastest decline of an empire in history
America had half a trillion dollars disappear in Oct of 2024.
Depression is garbage. I went through 2 crashes myself. And I'm 59. People suffer because they don't bind together. Plain and simple. If a group is in a room and it's freezing- they can either freeze or huddle up.
In another documentary it was narrated that a burger was ten cents.
Yet ten cents was hard to come by.
Herbert hoover
Yeah, I had I to rewind to make sure I heard that right. How can you make a documentary and get the President's first name wrong? Edgar Hoover was a different guy.
Much maligned, and he did want to see us do well.
He was made out as a bad president, but he was never really told how deep and bad things were in total.
Bad timing was his lot in life.
I have read a few books on him. He wasn't evil, misinformed by those who advised him probably.
He loved his grand kids a lot.
@@luckyguy600 2nd person to fail with supply side economics.
Government was the problem not solution
All gone with the wind just like Australia n new Zealand gone gone gone
i really want to study Hitlers campaign.. I am curious if Germany knew what they were getting into prior to him winning. And i wonder how the depression era correlates with politics and/or wars and if our current government is on the brink of repeating this horrific time period
Good video
I lucked out. Survivors of The Great Depression get a Gold Star in my book. Most folks are deceased. 😮😮
I don’t understand how MacArthur could’ve done what he done against his own kind when my dad passed away and we went to clean up his house all the canned food that was under the bed and in the closet because he grew up during the depression without anything ,him and three of these brothers quit school to attend the farm , he was in the 3rd grade
My grandpa was born in 1932 It was hard living back then
Why "La Cucaracha" on the African American segment?...there were better choices of background songs I think
My parents were only 3 and 5 years old but my grandmother said if you saw mold on bread or cheese you picked it off and ate it.
I'll bet the people in the administration didn't have to do that, or did they go hungry.
YT move in and force us out, but didn’t want us in their neighborhood and nothing has changed. The stories my grandparents told us kids about The Great Depression were horrible, and if they didn’t have a small farm they would’ve starved!
Let's not forget that 12.5 million people starved to death and another 13.5 million died of malnutrition related diseases. Nice vid.
Great photography of the 20's and 30's ; and a great display, But a socialised glory of nonsense about Roosevelt bearing not too much appreciation of reality.
I like the way you word that the man who wrote the soil it wasn't the government demanding more and more from the men
Lads were so much cuter then.
They skip over the part where the farmers had been suffering since 1920?
Nothing has changed in this country.
End the UnFederal Reserve
but the rothshieldsget richer more than before and i guess i know who make this crash this people who profits from this crash....Banks
It's Herbert Hoover, not Edgar.
Tesla PE ratio as of December 13, 2024 is 216.72.
Some of this history is actually occurring today
This looks like an AI generated documentary the photos are pureai
Seems like back then everybody wore a hat😊
Men did wear hats. They did during the next few decades as well, up through most of the fifties. Men wanted a shade in the sun and something warm in the winter, and they always tipped their hats to the ladies. I was just a little girl but I remember that well, and my father wore a hat a lot of the time. These days only men wearing western hats show respect by tipping their hats. I miss the older days.