It's a bit dramatic. UK was paying off its war debts at incredible rates pre-depression. Pre-WW1 the British economy was on fire. Not sure what he was going for there
@@ZPheenix I'm well aware, that's why I said it was doing well. But even after WW1 the economy really wasn't as bad as this video and comments make out. It was paying off war debts and expanding social programs whilst maintaining military spending. It was weaker than pre-war, but not that bad. Shame the video ignored that in the name of making a topical joke
In Brazil, the depression almost single handedly ended 40 years of Oligarchic rule under the Old Republic. The country was ruled by an elite of coffee barons since 1889 that were too powerful for any other group in the country to oppose. Then came the depression and the export economy of coffee collapsed, allowing the opposition to launch an armed insurrection that overthrew the Old Republic in 1930 and began the Vargas Era, that saw the beginning of widespread industrialization, rights for the lower classes and the concept of “class pacification” that Brazil still practices to this day.
@@ZetoBlackproject The fact that the New Republic quickly left it's idealistic roots and became as corrupt and oppressive as the Empire ever was is well replicated in the Star Wars novels (Legends) as well
@@ZetoBlackproject Brazil had an autocratic rule between Republics, yes, but the term “Empire” might be misleading, since the actual Empire preceded the Old Republic, and was a time of Economic Prosperity and relative Liberalization (at least as far as freeing slaves, investing in infrastructure and education, etc.).
The main effect the Great Depression had on Japan was the collapse of Rice imports, which would influence Japan's decision to invade Manchuria as a means to prevent a major famine from occurring in Japan
Yea but it sort of explains it as the uk and france were growing ever more reliant on the billions of reperations it got from germany which was growing evermore reliant to pay us by borrowing from the usa
@@Nomenooooo No as the video says we were already hit by a recession a decade before hand but it was the collapse of the US economy that triggerd the Actual great depression as it was relying on loan repayments from britain and france to justify the credit it was giving to germany which it was relying on to pay us so basically the USA was using the war time loans of GB and FRA as collatoral against the loans it was giving to GER which as you can probably figure is a stupid idea I don't know what there teaching you all now but education has really done down the loo in the 13 years since they taught me all this
@@Nomenooooo The shorter answer is what the US banks were doing before the 2008 crisis is exactly what they were doing in the roaring 20's and caused the exact same problem a massive recession but back then they couldn't normally just print more money in the same way they do now because it was tied to the value of a countries gold reserve hence why some like the uk and italy left "The gold standard" and was able it debase the currency and print more of it
The depression and its instability had a huge effect on boosting the power of Japanese ultranationalists, who used it as justification for autarky and the required conquering of the Pacific if Japan was to survive
@@Spido68_the_spectator Not to mention is that it is not 1 a one time coup but many time to. Especially with the Navy and Army doing the seperate coup to see one who is better. Honestly i felt who the heck want the chair of Prime Minister at that time.
@@thanhhoangnguyen4754 The sheer number of junior to middle-ranking officers in the Japanese military who seemed convinced "I know what the Emperor REALLY wants!" and that it was hunky-dory to kill a bunch of folks to "work towards the emperor" is astounding. Particularly since it was a culture that is often characterized as being based on obedience above all else.
@@kingleech16 Especially the Army doing something bold. The Navy bolder. The scores of them making coup and killing officials or officers of difference branch. Then they just confessed and recorded to show the public then the court doing their trial. They doing it for the Emperor so they are hero. The uneducated public people of course believe so they have the public backing. They murder a bunch of official and then court just sentence them to a time out ?????
@@MsPaintMr IIRC, there was a TV movie about it, maybe starring Richard Thomas (famous for his role as John Boy Walton), maybe not, I don't see anything likely in his IMDB filmography. I do vaguely remember seeing a movie about idealistic Americans going to the USSR for a better life due to the Depression and it not ending well for them...
Well, yeah. The Soviet Union did work for two main periods. Between 1928 -1940, the Soviet economy boomed, as the soviet social programs combined with the five-year plans meant the USSR could promise migrants a comparatively good standard of living as compared to everywhere else. However, the 1930s hostile diplomacy by literally all of Europe combined with the effects of the Soviet famine of 1930-33 lead to a sense of paranoia in Russia, culminating in the purges and WW2. After WW2, Russia saw a second economic boom which lasted until Oil interests began to corrupt the party in the 1970s.
@@mvalthegamer2450 it wasn't so much that oil interests began to corrupt the party in the 70's, just that oil prices stopped propping up the economy. Throughout the 50's, 60's, 70's economists, mathematicians urged to modernise and adapt the soviet system, but the government was too cautious, implementing reforms at the bare minimum or half doing them, pausing at the first sign of any growing pain. They were smart people hampered by an unlistening government (a great deal of what we know about Linear Optimisation comes from soviet mathematicians). Famously, the government opted to destroy its own computer research industry by cancelling their own computer development and relying on cloned American technology (something similar to how the UK allowed its own fledgling computer industry to flounder and is now beaten by countries that had been third world). Meanwhile, steadily increasing oil prices filled in the gaps in the economy that the economists had been attempting to have filled, and when those prices collapsed they were exposed to the world.
One thing i find weird is that, even though we've seen this in school, i never really learned the effects of the Great Depression from my country's perspective (México) Even by being our neighbour, the little i can recall we saw about was that the post-revolutionary war economic recovery was so big that we were relatively untouched by the Great Depression, something that i don't know how to feel about it
Because it happened to us the exact same that happened to Britain, "You can never get in a depression, if you never had left one" Because our economy went downhill with the Revolution in the 1910's and never recovered in the 1920's, that's why it doesn't affected us alot, Mexico didn't recovered from the economic collapse that the Revolution brought until the 1940's when the "Mexican Economic Miracle" started just as WWII started too.
@@cardenassolisrodrigo2601 Well that's technicaly true But what keeps me up it's that, i really do feel like the context that was taught is that "Before the revolution, everything was miserable; after it, life kept going" It gives me the vibes that the post-ww2 economic miracle was just a continuation of the 20s boom in the country, with the difference being that it became more noticeable later on Maybe that's the reason the PRI legitimized it's political control over the country for so many years: a prolonged economic boom
"Suomalaisalueen hallintamenettely määräytyi lähinnä neljästä Venäjään vaikuttaneesta reaalipoliittisesta tekijästä: Venäjän keskusjohdon heikkous, Euroopassa käynnissä olleista Napoleonin sodista Venäjään kohdistunut sodanuhka, myös Ruotsin kautta, ja Ruotsin vastaisen raja-alueen rauhoittaminen muutenkin sekä toisaalta luoteisen Suomen muuta Itä-Eurooppaa vähäisempi suurstrateginen merkitys, Pietarin suojausta lukuun ottamatta." - Wikipedia. Basically to pacify the area and to make use of the governmental structure already in place during Swedish rule.
1. The tsars of that time loved liberal experiments. For example, they tried to create the Kingdom of Poland, but some ignorance of culture and the fact that before that the Poles themselves were a great nation did not allow it. 2. Protection of St. Petersburg. They were literally people whose goal was to protect St. Petersburg. Weapons were brought to Finland from all over the empire, it seems they were even bought in Japan. If I were the emperor, I would want the people who defend my capital to have an incentive to do so.
My mothers uncle (at 17yo) left England for Australia at the beginning of the depression. His travel expenses paid for by the non government Big Brother Movement (BBM). He had been told the depression had not hit Australia and there was plenty of jobs to be found. In fact Australia had gone from for a strong economy to a basket case in a matter of weeks. When his boat arrived at Sydney harbor there were hundreds of people with signs saying "go home poms don't steel our jobs". He wondered what had he come to done. The BBM had found him a job delivering mail on horse back in an outback rural area. He previously had never ridden a horse in his life and had to learn on the job. The last man in was given the worst mail round which meant he had to get up before 4am and didn't get back until after 9 pm. Food was provided, as part of the job with his pay docked, but breakfast commenced at 6.30am and dinner was available until 7.30pm. There was no shops in the sparsely populated region. He had to complain to his boss that he was starving. He ended up with one meal a day of cold leftovers. It was better than nothing but not much better.
I dont really know much about what it did to south america but i think it caused a Coup in brazil and it caused argentina’s economy to stagnate and even get in a recession
Argentina actually went to it's first military coup (wich left to a second internal coup) wich lead to a first attempt to hiper liberalize economy and Shady deals to open british markets. But during the second half of the 30s it was attempted to industrialized the country.
The one funny part given how much of a basket case that country later became is that Venezuela was actually doing pretty well because it had just discovered the Maracaibo oil.
@@ACoolKidsProduction - The feeling I got was that Putin was the person Yeltsin trusted most not to imprison him. Also, I believe Putin picked Medvedev as his (temporary) successor because he was perhaps the only person who (1) Putin could trust to do what he wanted, and (2) was shorter than Putin, so Putin would still look in change when they stood side by side.
It's a shame you don't do the 10 plus minute videos anymore. Hard to fit in so much information about so many different countries in three and a half minutes
he made a video explaining why, in short advertisers prefer shorter videos than longer, therefore as this is his income he needs to make shorter vids and more money
@@waNErBOY Just because advertisers prefer shorter videos doesn't mean they aren't on longer videos and he has supplemental income through other sources like Patreon. It's just a bad argument.
Wasn't there a deep recession after world war II, in USA and Japan? I remember in Japan reading that the economy was in shambles until the Korean War happened and orders for Japanese goods started to pick up. Similarly in USA, after the war all the soldiers and equipment were demobilized, and there was a lot of labor strikes too about working conditions and wages being too low.
@@speedzero7478 no after WW2 the USAs economy was skyrocketing. Japans economy was bad because the war had cost them their empire and all their major industrial centers had been leveled
@@speedzero7478 Things like the Marshall Plan wouldn’t have happened if the US was still in a recession. The US could afford the help European economies at the time because its economy was doing so well at the time.
@@derrickthewhite1 Devastation for the French economy as both Pierre and René have been made unemployed. This of course means France will see a sharp rise in its unemployment rate with the total number of jobless bums going up from 6 to 8. Pierre, a former construction worker, was told that economic conditions made his position at the firm untenable. 'The fourty smoke-breaks a day probably didn't help to be fair', wheezed Pierre whose wife is now looking for someone with better economic prospects. René had hoped that his job as a waiter would be saved thanks to the ` above his name which he thought made him sound fancy. Alas, no. People don't have the money to spend on endless pastries and butter-cooked goods. The government has said it will do everything it can to relieve the pressures on the economy. So long as it isn't difficult and doesn't interrupt Prime Minister Laval's brunch. *MORE ON PAGE DUEX*
In New Zealand the Great Depression is known as the “Sugarbag Years” due to the fact that most working men wore sugar bags as clothing because stitching, sugar bags together was cheaper than buying clothes
I've heard that before cof other places I did not expect that of new Zealand but frankly I have not heard of any of NZs history below...20 years ago. Strange. I will surely look this up
@@toastnjam7384and those feed sacks with pretty patterns go for a lot of money today. They are only small and are expensive. All vintage fabric is but feed sacks in particular, as you'd be wearing history making something from it.
@@irenaveksler1935 Czechoslovakia didn't even get a war declaration when it got annexed by funny mustache man Even Poland got that lol (fuck all happened with it but it was there)
0:50 That number shocked me, how have I never heard about this, But while 100,000 may have applied for the job, only 10,000 were hired by the soviet trade agency, at least according to Tim Tzouiladis's book The Forsaken: An American Tragedy in Stalin's Russia. Still, though that is shocking to me.
I think I have watched 100% of your videos now and just desperately wait for a new release. I would like to kindly request another series of 10 minute videos on a subject. Those were fantastic.
"The British refused to comment because they coudln't understand our reporters accent and so shooed him off with a broom and told him to 'go back to Denmark'". The newspapers on this channel are golden.
I've heard people mention that the US went off the gold standard and wondered why for a long time. This explanation makes a lot of sense. It also explains why you could feed a whole family on $3 back then whereas now that'd barely buy one person a shitty snack from a vending machine.
Great video. You should also do one to explain the difference between supporters that get a spoken mention at the end of each video (like James Bisonette) and the ones that get a written mention. After so many years, I still don't get it.
I've a theory that we got out of the depression in both the late 60s and then again in the late 90s mid 2000s. Other than that I am theorizing with high levels of confidence its been bad throughout. Maybe not for London but for the UK aye. Facts I tell ye. Facts.
About 1:01, we still have Soviet-made silverware from something like the 1920's or 30's in our familiy, and it's really good even after almost a century of use.
@@royale7620 Nah men it's just that economy works out surprisingly good when you don't leave it to your imaginary friend "The Hand of the Market". " Is this hidden hand in the room with us now?"
Fun Fact: Stalin banned the book The Grapes of Wrath, because it showed that during the Great Depression even the poorest of Americans owned their own trucks.
He can’t have been perceptive enough to have discovered that _a priori_ , though. I’m assuming it was brought to his attention after a few thousand copies had already circulated.
Well considering that Czechoslovak export almost colapsed, unemployement went up, wages down and many small bussinesses went bankrupt I think you should revise what you know
@@karelzjinec All I know is that we did much better than most, as we wre very self-sufficient, with half the country being mainly agrarian, and half mainly industry.
@@samueltrusik3251 The thing is we didn't. Many people lost their jobs, the agrarian sector was absolute mess and since the industrial was aimed at export (which as I said colapsed) it wasn't that great either. And just as a bonus a lot of that industry was in the border regions so among those unemployed was quite a lot of germans. But I am sure they didn't mind enough to try to break the republic apart
I doubt anyone gave it alot of thought. Terrorists attacks had started to become common all around the world. USA getting hit with one didn't add to the world's grievances. It did however give the USA a casus belli on the middle east, which it exploited to the fullest extent. That mightve been worrisome for its adversaries, as the proxy war in the middle east would now be accelerated. But it would also allow states like Russia to get more influence and even establish a puppet in the middle east, like the USA did with Israel.
Economic depressions should be studied more because you know, *2008* and the fear of future depressions By studying our mistakes we might end up never suffering another
@@kostam.1113 With central bank boom and bust cycles. Also with the government having the power to shutdown businesses because some obese and old people were dying from the flu.
3:04 "But it wasn't until the mid 1950s that all of them had beaten their pre-Depression metrics." That's how impactful and how terrible the Great Depression is.
I asked my maternal grandparents about The Depression. They were in early childhood at the time. They stated that since they lived on a farm in rural West Virginia, they had no concept of it at all; they grew their own food and didn't really have much else to begin with.
Fortunately all my relatives in Canada were on subsistence farms in rural areas. Mom would walk three miles into town to sell five eggs, and buy her candy. you didn't grow what you couldn't use yourself, trade, or sell for cash. at least they ate.
I'm unsure if my grandmother was still living in Seattle or moved to Portland but either way things were going about as badly as everywhere else in the cities during the depression, even in Oregon/Washington.
Thank you so much for making this. I was taught in school that the Great Depression was worldwide, but never what it looked like anywhere but the US and Germany. I tried making my own lesson on it two years ago and struggled quite hard to find anything, not to bring up the conflicting narratives found when researching Japan during this time.
2:14 I spent way too long looking at this white splotch trying to figure out which region it was a map of. Spoiler alert: it's not a map. It's the letter F.
I haven't asked this question, but I found the answer quite interesting! France was mildly affected, the UK was too poor to be poorer (until they made the wise decision to prepare for war), Italy and Japan prepared to fight wars of imperial expansion, and (most ironically of all) the USSR was protected from the Great Depression by... sanctions. By the way, nice euphemisms at 1:13 and 2:56! I also found the "Spoon-a-Tron 2000" at 1:01 and the "headline" at 2:02 (you know how mild the effect is when a construction worker and a waiter losing their jobs is headline news!) to be quite entertaining! Thanks for the video!
Ahh yes the classic strategy. " Can't be lose your job if you don't have one" Or in this case "Can't lose an economy if you don't have one" Britian was truly the head of industrial thought. Though I geuss this applies to the USSR to
Well we’re probably gonna experience first hand what the people in the early 1930s went through with the way our economy and the direction our politicians are taking us.
"The British government had cleverly prepared for it -- it's impossible to enter a depression if you never left one."
God bless this channel.
damn, so that's what the argentinians have been doing all along; i knew they were up to something!
It's a bit dramatic. UK was paying off its war debts at incredible rates pre-depression. Pre-WW1 the British economy was on fire. Not sure what he was going for there
@@silverhost9782 no pre-ww1 the British economy was booming
@@ZPheenix I'm well aware, that's why I said it was doing well. But even after WW1 the economy really wasn't as bad as this video and comments make out. It was paying off war debts and expanding social programs whilst maintaining military spending. It was weaker than pre-war, but not that bad. Shame the video ignored that in the name of making a topical joke
@@silverhost9782 yup, England's pre war economy was strong as it had all the Asian and African loot
In Brazil, the depression almost single handedly ended 40 years of Oligarchic rule under the Old Republic. The country was ruled by an elite of coffee barons since 1889 that were too powerful for any other group in the country to oppose. Then came the depression and the export economy of coffee collapsed, allowing the opposition to launch an armed insurrection that overthrew the Old Republic in 1930 and began the Vargas Era, that saw the beginning of widespread industrialization, rights for the lower classes and the concept of “class pacification” that Brazil still practices to this day.
Don't forget the good 'n old populism with a flavor of authoritarianism.
I love it that Star Wars copied Brazil...
Old Republic
Empire
New Republic
It all fits.
@@ZetoBlackproject The fact that the New Republic quickly left it's idealistic roots and became as corrupt and oppressive as the Empire ever was is well replicated in the Star Wars novels (Legends) as well
@@ZetoBlackproject Brazil had an autocratic rule between Republics, yes, but the term “Empire” might be misleading, since the actual Empire preceded the Old Republic, and was a time of Economic Prosperity and relative Liberalization (at least as far as freeing slaves, investing in infrastructure and education, etc.).
@@WILLIAN_1424 The only bad part was the populism
The main effect the Great Depression had on Japan was the collapse of Rice imports, which would influence Japan's decision to invade Manchuria as a means to prevent a major famine from occurring in Japan
Wrong. It was all because Kelly Moneymaker was jealous of James Bissonette.
@@roystonlodge bro i never pay attention to the outro how did I know that those names were in it
And then the USSR defeated Japan
@Ivan Araújo who gives a shit about china? we talking anime here.
@@roystonlodge Boring
The great depression made people realize the necessity of James Bisonette
Damn right - if we only listened.
@@beanseason6515 cool, now you want a cookie?
Of course
@@beanseason6515 you're just salty you didn't think of a clever James Bisonette comment in time
@@beanseason6515 "maybe if I comment this people will start to like me"-🤓
We really need videos like this. Even in the UK, the Great Depression always seems to be taught from a US/German perspective.
Yea but it sort of explains it as the uk and france were growing ever more reliant on the billions of reperations it got from germany which was growing evermore reliant to pay us by borrowing from the usa
Really? I got taught how it hit UK and the Weimar Republic (Germany) and then the USA a bit later on.
@@Nomenooooo No as the video says we were already hit by a recession a decade before hand but it was the collapse of the US economy that triggerd the Actual great depression as it was relying on loan repayments from britain and france to justify the credit it was giving to germany which it was relying on to pay us so basically the USA was using the war time loans of GB and FRA as collatoral against the loans it was giving to GER which as you can probably figure is a stupid idea I don't know what there teaching you all now but education has really done down the loo in the 13 years since they taught me all this
@@Nomenooooo The shorter answer is what the US banks were doing before the 2008 crisis is exactly what they were doing in the roaring 20's and caused the exact same problem a massive recession but back then they couldn't normally just print more money in the same way they do now because it was tied to the value of a countries gold reserve hence why some like the uk and italy left "The gold standard" and was able it debase the currency and print more of it
I was taught from the Canadian perspective (it's not hard to know why)
"A bad economy, and weak governments meant that the people are a little too unhappy."
Socialist revolutionary ideas intensifies*
so when an angry man with a silly mustache came along and said that he could fix everything the people loved it
"And when a man with a silly mustache/hat said he could fix everything, the people loved him"
Which people?
@@CA999 regular/average people
"The Japanese economy was much more prepared for foreign adventures." That cracked me up so hard
The well timed pause made it 😂
"We do a ritter trorring" ~ Tojo
@@seronymus LMAO 😂 🤣 😅
Not that the Brits, USA, Spanish, and all the other european wanna be powers didn't give them the IDEA.
"The Great Depression is bad, and Japan's economy is now crappy, but the military is just fine, so it invades Manchuria" - bill wurtz
"It's impossible to enter a depression if you never left one"
Genius
kind of like what were doing now: if it continually gets worse and worse for decades then technically not a recession
“You don’t have to worry about your oven burning if it’s never on”
British thinking always puts us one step ahead! 😄👍🇬🇧
@@loginavoidence12 i wonder if economy will be any better for future generations
The depression and its instability had a huge effect on boosting the power of Japanese ultranationalists, who used it as justification for autarky and the required conquering of the Pacific if Japan was to survive
Well, add to that a passive coup in 1941 and there you have your military dictatorship.... what does this remind me of ?
@@Spido68_the_spectator Not to mention is that it is not 1 a one time coup but many time to. Especially with the Navy and Army doing the seperate coup to see one who is better. Honestly i felt who the heck want the chair of Prime Minister at that time.
@@thanhhoangnguyen4754 The sheer number of junior to middle-ranking officers in the Japanese military who seemed convinced "I know what the Emperor REALLY wants!" and that it was hunky-dory to kill a bunch of folks to "work towards the emperor" is astounding. Particularly since it was a culture that is often characterized as being based on obedience above all else.
@@kingleech16 Especially the Army doing something bold. The Navy bolder. The scores of them making coup and killing officials or officers of difference branch. Then they just confessed and recorded to show the public then the court doing their trial. They doing it for the Emperor so they are hero. The uneducated public people of course believe so they have the public backing.
They murder a bunch of official and then court just sentence them to a time out ?????
Make Sakhalin Karafuto again
Wait, there were US Americans emigrating to the Soviet Union? That's a story I'd love to know more about
It's fascinating but also tragic, nearly all of the idealistic Americans died in the purges. A cold lesson for western tankies today.
@@MsPaintMr IIRC, there was a TV movie about it, maybe starring Richard Thomas (famous for his role as John Boy Walton), maybe not, I don't see anything likely in his IMDB filmography. I do vaguely remember seeing a movie about idealistic Americans going to the USSR for a better life due to the Depression and it not ending well for them...
Well, yeah. The Soviet Union did work for two main periods. Between 1928 -1940, the Soviet economy boomed, as the soviet social programs combined with the five-year plans meant the USSR could promise migrants a comparatively good standard of living as compared to everywhere else. However, the 1930s hostile diplomacy by literally all of Europe combined with the effects of the Soviet famine of 1930-33 lead to a sense of paranoia in Russia, culminating in the purges and WW2. After WW2, Russia saw a second economic boom which lasted until Oil interests began to corrupt the party in the 1970s.
@@mvalthegamer2450 thank you for the short insight!
@@mvalthegamer2450 it wasn't so much that oil interests began to corrupt the party in the 70's, just that oil prices stopped propping up the economy. Throughout the 50's, 60's, 70's economists, mathematicians urged to modernise and adapt the soviet system, but the government was too cautious, implementing reforms at the bare minimum or half doing them, pausing at the first sign of any growing pain. They were smart people hampered by an unlistening
government (a great deal of what we know about Linear Optimisation comes from soviet mathematicians). Famously, the government opted to destroy its own computer research industry by cancelling their own computer development and relying on cloned American technology (something similar to how the UK allowed its own fledgling computer industry to flounder and is now beaten by countries that had been third world). Meanwhile, steadily increasing oil prices filled in the gaps in the economy that the economists had been attempting to have filled, and when those prices collapsed they were exposed to the world.
One thing i find weird is that, even though we've seen this in school, i never really learned the effects of the Great Depression from my country's perspective (México)
Even by being our neighbour, the little i can recall we saw about was that the post-revolutionary war economic recovery was so big that we were relatively untouched by the Great Depression, something that i don't know how to feel about it
Because it happened to us the exact same that happened to Britain, "You can never get in a depression, if you never had left one" Because our economy went downhill with the Revolution in the 1910's and never recovered in the 1920's, that's why it doesn't affected us alot, Mexico didn't recovered from the economic collapse that the Revolution brought until the 1940's when the "Mexican Economic Miracle" started just as WWII started too.
@@cardenassolisrodrigo2601 Well that's technicaly true
But what keeps me up it's that, i really do feel like the context that was taught is that "Before the revolution, everything was miserable; after it, life kept going"
It gives me the vibes that the post-ww2 economic miracle was just a continuation of the 20s boom in the country, with the difference being that it became more noticeable later on
Maybe that's the reason the PRI legitimized it's political control over the country for so many years: a prolonged economic boom
Wasn't México still healing from the revolution?
@@quinasreveure6533 okay?
@@cardenassolisrodrigo2601 isn't the "mexican economic miracle", just México giving workers and selling stuff to the US and Europe more?
Good thing James Bisonette was able to build his immense fortune around the depression.
Wouldn't that be Kelly Moneymaker?
Boring
@@starflowers1751 Kelly a qt.
@@starflowers1751 James is eternal, but Kelly is a time-traveller. She used her knowledge of the past to amass her vast fortune.
@@TheOneWhoMightBe but isn't time just a boogly-woogly timey wimey thing?
Video idea as a loyal Patreon supporter: Why was Finland 🇫🇮 given autonomy in the Russian Empire?
Why was belarus given autonomy in the USSR
Why was the USSR given autonomy in the USSR?
Have you suggested the idea on Patreon itself? More likely to see it there.
"Suomalaisalueen hallintamenettely määräytyi lähinnä neljästä Venäjään vaikuttaneesta reaalipoliittisesta tekijästä: Venäjän keskusjohdon heikkous, Euroopassa käynnissä olleista Napoleonin sodista Venäjään kohdistunut sodanuhka, myös Ruotsin kautta, ja Ruotsin vastaisen raja-alueen rauhoittaminen muutenkin sekä toisaalta luoteisen Suomen muuta Itä-Eurooppaa vähäisempi suurstrateginen merkitys, Pietarin suojausta lukuun ottamatta." - Wikipedia.
Basically to pacify the area and to make use of the governmental structure already in place during Swedish rule.
1. The tsars of that time loved liberal experiments. For example, they tried to create the Kingdom of Poland, but some ignorance of culture and the fact that before that the Poles themselves were a great nation did not allow it.
2. Protection of St. Petersburg. They were literally people whose goal was to protect St. Petersburg. Weapons were brought to Finland from all over the empire, it seems they were even bought in Japan. If I were the emperor, I would want the people who defend my capital to have an incentive to do so.
My mothers uncle (at 17yo) left England for Australia at the beginning of the depression. His travel expenses paid for by the non government Big Brother Movement (BBM). He had been told the depression had not hit Australia and there was plenty of jobs to be found. In fact Australia had gone from for a strong economy to a basket case in a matter of weeks. When his boat arrived at Sydney harbor there were hundreds of people with signs saying "go home poms don't steel our jobs". He wondered what had he come to done. The BBM had found him a job delivering mail on horse back in an outback rural area. He previously had never ridden a horse in his life and had to learn on the job. The last man in was given the worst mail round which meant he had to get up before 4am and didn't get back until after 9 pm. Food was provided, as part of the job with his pay docked, but breakfast commenced at 6.30am and dinner was available until 7.30pm. There was no shops in the sparsely populated region. He had to complain to his boss that he was starving. He ended up with one meal a day of cold leftovers. It was better than nothing but not much better.
The Mussolini SI SI SI facade is my favourite running gag/background character.
Love your vids bro you actually need a award for the most simple yet amazing art
I wish you also covered how the depression affected countries in South America because I’ve been curious about how it impacted them.
I dont really know much about what it did to south america but i think it caused a Coup in brazil and it caused argentina’s economy to stagnate and even get in a recession
Actually Chile was the most affected country in the world, and it caused a crisis called the second anarchy, with like 6 coups between 1931 and 1932
Argentina actually went to it's first military coup (wich left to a second internal coup) wich lead to a first attempt to hiper liberalize economy and Shady deals to open british markets. But during the second half of the 30s it was attempted to industrialized the country.
This video was only about the great powers.
The one funny part given how much of a basket case that country later became is that Venezuela was actually doing pretty well because it had just discovered the Maracaibo oil.
Would love to hear your channel explain how/why Kruzchev was overthrown/ pushed out of power, and how Breznev was the one who replaced him.
I'd also be interested in learning how Putin got the seat from Yeltzin. Seems like there was some blackmail and dealmaking involved there.
@@ACoolKidsProduction - The feeling I got was that Putin was the person Yeltsin trusted most not to imprison him. Also, I believe Putin picked Medvedev as his (temporary) successor because he was perhaps the only person who (1) Putin could trust to do what he wanted, and (2) was shorter than Putin, so Putin would still look in change when they stood side by side.
Cuban Missile Crisis
@@calmbbaer I'd stick with the second reason, seems like exactly the kind of thing he could have in mind
Kruschev ruined the USSR
It's a shame you don't do the 10 plus minute videos anymore. Hard to fit in so much information about so many different countries in three and a half minutes
Blame YT
he made a video explaining why, in short advertisers prefer shorter videos than longer, therefore as this is his income he needs to make shorter vids and more money
@@waNErBOY Yeah, I know that
@@waNErBOY he should split 10+ minutes into 3-minute segments: Part I, Part II, Part III, and so on.
@@waNErBOY Just because advertisers prefer shorter videos doesn't mean they aren't on longer videos and he has supplemental income through other sources like Patreon.
It's just a bad argument.
"The British government had cleverly prepared for it -- it's impossible to enter a depression if you never left one."
The greatest :D
Well done sir!
The historical Dow Jones numbers are interesting. The index peaked in 1929, bottomed out in 1932, and didn't equal its pre-Depression peak until 1954.
The difference is 29 was a bubble and 54 was a good growth standard. The first real middle class was sustaining it through consumerism.
@@writerconsidered They didn’t call it the Roaring Twenties for nothing...
And 1987 was a bigger crash than 1929.
@@lawrencedoliveiro9104 Define the metric?
@@writerconsidered The aforesaid index.
I had always heard that the Second World War was the end of the Depression.
Interesting that it took until the mid-50's to get back "up to speed".
Wasn't there a deep recession after world war II, in USA and Japan? I remember in Japan reading that the economy was in shambles until the Korean War happened and orders for Japanese goods started to pick up. Similarly in USA, after the war all the soldiers and equipment were demobilized, and there was a lot of labor strikes too about working conditions and wages being too low.
@@speedzero7478 no after WW2 the USAs economy was skyrocketing. Japans economy was bad because the war had cost them their empire and all their major industrial centers had been leveled
@@speedzero7478 Things like the Marshall Plan wouldn’t have happened if the US was still in a recession. The US could afford the help European economies at the time because its economy was doing so well at the time.
@@speedzero7478 I don't know, but it would certainly make sense.
In school here in the USA, though, it's taught that WWII went straight into the 50's.
@@TheHylianBatman "In school here in the USA, though, it's taught that WWII went straight into the 50's." what are you talking about
I'd like to reiterate my love for you writing out the newspapers.
"If they wanted London they could've just stayed there" is the stand out here.
ugg, I can't read the one around france because its too blurry.
Newspaper really are the best things on this channel. The unemployement going from 6 to 8 because of Fancy-é-René got me laughing
@@derrickthewhite1
Devastation for the French economy as both Pierre and René have been made unemployed. This of course means France will see a sharp rise in its unemployment rate with the total number of jobless bums going up from 6 to 8.
Pierre, a former construction worker, was told that economic conditions made his position at the firm untenable. 'The fourty smoke-breaks a day probably didn't help to be fair', wheezed Pierre whose wife is now looking for someone with better economic prospects.
René had hoped that his job as a waiter would be saved thanks to the ` above his name which he thought made him sound fancy. Alas, no. People don't have the money to spend on endless pastries and butter-cooked goods.
The government has said it will do everything it can to relieve the pressures on the economy. So long as it isn't difficult and doesn't interrupt Prime Minister Laval's brunch.
*MORE ON PAGE DUEX*
@@johnlienhart2717 thanks! That's hilarious!
Gandhi was officially labelled a “terrorist” for remarks like that ...
In New Zealand the Great Depression is known as the “Sugarbag Years” due to the fact that most working men wore sugar bags as clothing because stitching, sugar bags together was cheaper than buying clothes
I've heard that before cof other places I did not expect that of new Zealand but frankly I have not heard of any of NZs history below...20 years ago. Strange. I will surely look this up
@@ltipst2962 isn't that jute or hemp??? today it's trailer park chic clothing!!
In the US flour companies begin making flour sacks with colorful patterns and offered DIY instructions for sewing ideas right on the package.
@@toastnjam7384and those feed sacks with pretty patterns go for a lot of money today. They are only small and are expensive. All vintage fabric is but feed sacks in particular, as you'd be wearing history making something from it.
2:02 The easter egg of the spinning newspaper. Just reading one paragraph will have you in stitches. 😂
A shame Czechoslovakia was not mentioned. They did really well for such a young nation.
He focused on the great powers. Sorry, but CZ wasn’t one.
@@vincedibona4687 nah last time I checked Czechoslovakia was one of the two great powers
@@irenaveksler1935 Czechoslovakia didn't even get a war declaration when it got annexed by funny mustache man
Even Poland got that lol (fuck all happened with it but it was there)
@@user-lv8dn8gw9z if it wasn’t obvious it was a joke also it got annexed immediately unlike Poland which took 20 days
@@irenaveksler1935 they did a dirty job in ww2
This channel is so fair, and always so well done 👍🏻 🌎
"so fair" yeah blatantly lying about one hundred thousand Americans moving to the USSR
0:50 That number shocked me, how have I never heard about this, But while 100,000 may have applied for the job, only 10,000 were hired by the soviet trade agency, at least according to Tim Tzouiladis's book The Forsaken: An American Tragedy in Stalin's Russia. Still, though that is shocking to me.
O, thank you. I will definitely read it.
3:03 “I have an idea.” 🤣
No comments let me fix that
this dude can take a serious topic & spice it up with just the right amount of humor.
1:11 I see that the UK government has used the same strategy for the current economic crisis... simply never recover from the one in 2008
I love this channel so much
Italy's recovering quickly from the depression is the perfect example of the saying "Even a broken clock is right twice a day".
Also the origin of the quote, "At least the trains ran on time."
"Foreign adventures..." Don't know why I love that so much but I do.
I really enjoy these videos, I do miss the longer 10 minute history videos though I can imagine it's much more effort to make them.
After a year I noticed the news paper actually has no gibberish on them but proper news, this channel never ceases to amaze
All of these nations made it through the depression made thanks to the economic prowess of James Bisonette.
I like this video because in history class we often don't go over the great depression outside of those two big countries
You are a genius of comedy about history ☺️ Love your channel!
1:47
"That's the future's problem" LOL
0:17 I love how it says "douchebag" on the wall
I think I have watched 100% of your videos now and just desperately wait for a new release.
I would like to kindly request another series of 10 minute videos on a subject. Those were fantastic.
"So Japan was better prepared for ...... foreign adventures"
That's a cracking line/delivery for what ensued.
Thanks
“Foreign adventures,” what a riot!
Unlike currencies after the 1930s, this channel is a gold standard.
"Decade will end better"
You are genius, love you
What about the rest of the world? Would love a part two!
That joke about Britain never leaving a depression made me laugh out loud.
1:16
Genius, why didn’t we (the Americans) try that?
"The Great Depression sucked for a lot of people"
"I hope you enjoyed this episode and a special thanks to my patrons, James Bisonette..."
Lmao
20th century moment when America catches flu and the rest of the world does too.
"The British refused to comment because they coudln't understand our reporters accent and so shooed him off with a broom and told him to 'go back to Denmark'". The newspapers on this channel are golden.
I've heard people mention that the US went off the gold standard and wondered why for a long time. This explanation makes a lot of sense. It also explains why you could feed a whole family on $3 back then whereas now that'd barely buy one person a shitty snack from a vending machine.
Great video. You should also do one to explain the difference between supporters that get a spoken mention at the end of each video (like James Bisonette) and the ones that get a written mention. After so many years, I still don't get it.
They were the first patrons
Patreon support levels, spoken pay more, but there are limited spots.
@@J-1410 That would make sense indeed.
@@uytteb I mean it is on his patreon page
I like watching history matters so much, I have chosen to use this video as a product in my media coursework
London actually crashed prior to New York, so for Britain it was just extra depression on top
Thanks for that new info
I've a theory that we got out of the depression in both the late 60s and then again in the late 90s mid 2000s. Other than that I am theorizing with high levels of confidence its been bad throughout. Maybe not for London but for the UK aye. Facts I tell ye. Facts.
i already knew the answer to this question a long time ago
but i'm glad you've made a video on this for those who want to dig through a heap of info
History matters asking all the right questions and making history interesting. Keep up the great work!
About 1:01, we still have Soviet-made silverware from something like the 1920's or 30's in our familiy, and it's really good even after almost a century of use.
Can't be affected by the great depression if you're already depressed
:(
You have depression, I have ✨ 𝓽𝓱𝓮 𝓰𝓻𝓮𝓪𝓽 𝓭𝓮𝓹𝓻𝓮𝓼𝓼𝓲𝓸𝓷 ✨
Stop being depressed !
No. it's not an emotion, it's an economic crisis.
*Soviet moment*
This was the best video you've uploaded in the last month
So basically:
The Great Depression: Exists
The Soviet Union: We don't do that here.
Because they were already depressed.
Yeah their economy was practically destroyed thanks to a certain civil war, famine and sanctions meaning the only way was up.
Теперь делают😢. В этот раз мы будем с вами в одной лодке.
@@royale7620 Nah men it's just that economy works out surprisingly good when you don't leave it to your imaginary friend "The Hand of the Market". " Is this hidden hand in the room with us now?"
Can't have an economic depression if your economy is already destroyed after a civil war :)
2:02 it took half a second to make my day!
Fun Fact: Stalin banned the book The Grapes of Wrath, because it showed that during the Great Depression even the poorest of Americans owned their own trucks.
Were any mainstream soviet books printed in the west? I guess not, because westerners have such a narrow, skewed, incomplete idea of life in USSR
@@JN-wr9he Not what I said. The book was personally and directly banned by Stalin for the specific reason I said above.
He can’t have been perceptive enough to have discovered that _a priori_ , though. I’m assuming it was brought to his attention after a few thousand copies had already circulated.
Source?
@@JN-wr9he LOL your utopia failed.
As someone who lives here, I do know that Czechoslovakia has been doing very well during the depression.
Well considering that Czechoslovak export almost colapsed, unemployement went up, wages down and many small bussinesses went bankrupt I think you should revise what you know
@@karelzjinec All I know is that we did much better than most, as we wre very self-sufficient, with half the country being mainly agrarian, and half mainly industry.
@@samueltrusik3251 The thing is we didn't. Many people lost their jobs, the agrarian sector was absolute mess and since the industrial was aimed at export (which as I said colapsed) it wasn't that great either. And just as a bonus a lot of that industry was in the border regions so among those unemployed was quite a lot of germans. But I am sure they didn't mind enough to try to break the republic apart
Oh, I thought you were making the "You can't go into a Depression if you're already in one" joke.
When you said “foreign adventures” I died 😂
SPLENDID AS ALWAYS.
Good video idea: How did America’s adversaries (Iran, Cuba, North Korea, Iraq etc.) react to 9/11?
THIS! I want to see this.
Iraq wasn't exactly an adversary at the time. Think about the timeline of events.
@@georgehh2574 Iran not Iraq, and quite frankly *both* were antagonistic toward the US.
I remember reading somewhere that Saddam said something to the effect of “ha! Sucks to suck ‘Merican devils” which the Neocons did not like one bit.
I doubt anyone gave it alot of thought. Terrorists attacks had started to become common all around the world. USA getting hit with one didn't add to the world's grievances. It did however give the USA a casus belli on the middle east, which it exploited to the fullest extent. That mightve been worrisome for its adversaries, as the proxy war in the middle east would now be accelerated. But it would also allow states like Russia to get more influence and even establish a puppet in the middle east, like the USA did with Israel.
Great video as always, always love the concise but funny format.
Economic depressions should be studied more because you know, *2008* and the fear of future depressions
By studying our mistakes we might end up never suffering another
Economic depressions are inevitable in capitalist boom and bust cycles
@@kostam.1113 With central bank boom and bust cycles. Also with the government having the power to shutdown businesses because some obese and old people were dying from the flu.
In a capitalistic economy there must always be a depression and subsequent growth out of the depression.
@@kostam.1113 Exactly
@Kosta M. ok tankie
Another great example of something I had never really thought about, but I'm glad to have learned about it. Great video.
3:04 "But it wasn't until the mid 1950s that all of them had beaten their pre-Depression metrics."
That's how impactful and how terrible the Great Depression is.
I absolutely love the Newspaper articles xD
"I have the Great Depression"
"I got the Big Depresso"
-The Internet, probably
The newspapers continue to be epic. Well done.
I asked my maternal grandparents about The Depression. They were in early childhood at the time. They stated that since they lived on a farm in rural West Virginia, they had no concept of it at all; they grew their own food and didn't really have much else to begin with.
Were they the Waltons?
@@lawrencedoliveiro9104 No, dumbass, they were relatively poor subsistence farmers who lived off the land.
If you aren't pausing and reading the news papers start doing it, it's very much worth it
2:31 the black building with 'SI SI SI...' and Benny the Moose's face on it really existed at the time. It was the Fascist Party Headquarters.
Yes.
2:02 That commitement for the newspaper tho. Comedy gold.
Fortunately all my relatives in Canada were on subsistence farms in rural areas. Mom would walk three miles into town to sell five eggs, and buy her candy. you didn't grow what you couldn't use yourself, trade, or sell for cash. at least they ate.
describing Imperial conquest as " foreign adventures!" is funnier then i'd like to admit
My family were farmers and lumberjacks in Oregon. We didn't know we were in a depression until the war broke out and than business was booming!
Lumberjacks were OK. They just slept all night and worked all day.
I'm unsure if my grandmother was still living in Seattle or moved to Portland but either way things were going about as badly as everywhere else in the cities during the depression, even in Oregon/Washington.
The way that you animated the Palazzo Braschi was hilarious! Thanks for the laugh.
Fantastic book which describes this topic in more detail is Carroll Quigley's Tragedy and Hope. Long read, but so informative.
Thank you so much for making this. I was taught in school that the Great Depression was worldwide, but never what it looked like anywhere but the US and Germany. I tried making my own lesson on it two years ago and struggled quite hard to find anything, not to bring up the conflicting narratives found when researching Japan during this time.
Thanks for covering something never taught in American schools. But, alas! The newspaper was blurry and hard to read. 😔
Wow, really? American schools don't go in depth about how other countries dealt with the depression? Wowzers!
20:31 the actual propaganda billboard of Mussolini's face made like a giant gray apathetic square made me burst in laughs
This video came out at a very appropriate time given we are about to feel the effects of it again
If you genuinely believe that then you really don’t understand economics.
You're absolutely right, can't lose if you never crossed the line in the first place
I never knew how many Americans actually immigrated to the USSR or that fact about the factories there, that’s really interesting
Every sentence on the newspaper was hilarious!
2:14 I spent way too long looking at this white splotch trying to figure out which region it was a map of. Spoiler alert: it's not a map. It's the letter F.
I haven't asked this question, but I found the answer quite interesting! France was mildly affected, the UK was too poor to be poorer (until they made the wise decision to prepare for war), Italy and Japan prepared to fight wars of imperial expansion, and (most ironically of all) the USSR was protected from the Great Depression by... sanctions.
By the way, nice euphemisms at 1:13 and 2:56! I also found the "Spoon-a-Tron 2000" at 1:01 and the "headline" at 2:02 (you know how mild the effect is when a construction worker and a waiter losing their jobs is headline news!) to be quite entertaining! Thanks for the video!
Ahh yes the classic strategy.
" Can't be lose your job if you don't have one"
Or in this case
"Can't lose an economy if you don't have one"
Britian was truly the head of industrial thought.
Though I geuss this applies to the USSR to
0:50 HOL UP?!! I never knew about that
Well we’re probably gonna experience first hand what the people in the early 1930s went through with the way our economy and the direction our politicians are taking us.
I wish
this is such an incredibly fascinating, though brief, video
1:54 hitler really caught a tan since I last saw him
The way you introduced Britain had me, as a Brit, laughing the entire time
0:55 Historically Correct of Soviet Union ( BEFORE 1939 !!! )
1:00 - I love the spoon-a-thon.