Top Items About Recessions

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AnecdotesThe Simpsons responds to George H. W. Bush family values

In January 1992, during a campaign stop at a gathering of the National Religious Broadcasters, George H. W. Bush made...

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AnecdotesThe Zeitgeist movie on the Stock Market Crash of 1929

From 1921 to 1929 the Fed [Federal Reserve] increased the money supply, resulting once again in extensive loans to the...

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AnecdotesThe Zeitgeist movie on the creation of the Federal Reserve

"By the early 20th Century, the United States had already implemented and removed a few central banking systems, which...

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AnecdotesBabe Ruth: Contract

One day at the height of the Great Depression, Babe Ruth was asked to take a pay cut. He refused, holding out for the...

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TriviaEconomists have trouble forecasting recessions

In 1929, days after the stock market crash, the Harvard Economic Society reassured its subscribers: “A severe depression...

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AnecdotesBlack Tuesday

On October 20th, 1929, the noted Yale University economist Irving Fisher declared that "stock prices have reached what...

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AnecdotesWhat The Hecht?

Though he was earning $2,500 every week promoting real estate during the Florida property boom in the early 1920s, Ben...

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AnecdotesHappy Days

The classic song "Happy Days Are Here Again" was first played by George Olsen at New York`s Hotel Pennsylvania... on...

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AnecdotesGreat Depression

Though President Herbert Hoover was harshly criticized for his reluctance to use federal intervention to promote...

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AnecdotesRecession

The latter portion of Jimmy Carter`s presidency was plagued by recession. The American economy did not pick up again...

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