My grandmother was 5 years old, when the great depression started. Even when I was little in the 90s, I never seen that woman throw any food out in my life. She would put any leftovers, in the freezer. She canned her own food. What she went through as a little girl, carried with her all the way into her 70s. She would tell me stories, how she couldn’t even afford a pencil for school. She found her father hanging in the barn. Her stepmother was abusive. She had to drop out of the eighth grade, to raise her two sisters and brother. She had it rough.
Holy crap. Truly awful. My grandmother also lived through it. She'd fish out used paper towels from the trash and scold us for throwing them away if there was any salvageable areas. Also would horde plastic bags.
@@janelleg597 I'm glad you said that. I have the hardest time, throwing away plastic bags. I thought it was just me. Years ago, I threw away some steel coffee cans. The next month, I found a use for one and all the ones I get now are aluminized cardboard with only the bottom steel! Experiences like that only reinforce saving things that 'normal' people throw away. It drives me crazy sometimes.
My father quit school in 7th grade to get a job as a newspaper boy and gave every cent to his mother. She also washed aluminum foil and never wasted anything. She always had a huge garden and canned all kinds of stuff.
@lilblackduc7312 HER mother, my great grandmother from Czecloslavakia taught many things. She could go in the yard and find wild cabbage to make a meal and taught my grandmother and father to do the same. Wish she was here now to teach me. I remember sleeping with her at my grandmothers cottage on the river under the down feather quilt. I was very young then. One shot and one beer in the morning was the medicine back then for her severe arthritis. She owned her own 3 fa.ily home and through all the difficulties was also able to buy a cottage on the river. I wish she were here now for financial wisdom. I'm sure a big part of it was most people lived within their means back then. (And no credit cards)They knew how to have fun and how to work hard. Most of them worked at EJs. My father passed in 2005 and his mother and hers long before that. I don't know how the young people will survive if they have no cash or creditcards.
My grandmother lived through the depression as a young married woman with children. She became a hoarder for the rest of her life, every magazine and item of Tupperware was a treasure. My grandfather, her husband, was a building contractor and a lot of that work dried up, too. It must have been incredibly hard during that time. The family began to recover when my grandfather got steady work buildings ships in the US Navy yards in Oakland, in the buildup and during WWII. My grandmother got a job in accounting at Sears, too. I remember the day when, finally retired, they paid off the mortgage on their last home in the late 60s, it was such a happy one.
My grandmother raised her 4 children during the Great Depression, as well. She never came out of it. She continued to live her life as if the GD was still going on. Extreme frugality, whereas it wasn't necessary to do so. Born in 1892 lived until 1991, as if nothing ever changed. 😢
Same, my adopted father was born in 1921 in Nebraska. He lived through the crash of 1929, Dust storm, and the second word war. He also worked in the shipyard during that time. He did not throw anything away.
My father was a small boy at the time of the great depression. My grandfather lost both his parents and most of his extended family of aunts and uncles during the Spanish flu. My fathers family survived because they kept livestock on a smallholding. My grandfather grew vegetables together with his five sons and two daughter. My grandmother knew how to make a little go a long way. Resewing old shirts and women's skirts she either bought second hand or from those out grown by her own children into clothes not only her family but also for orphans and needy. for the younger ones. Sadly two of the children died from infection but the others survived. Never would they even think of asking for anything.
Is history repeating itself? My grandfather was born in 1901. He never gave up many of his "great depression" ways of doing things. I'm 74 and beginning to struggle financially, as many of us are. I am fortunate, however, that my grandparents taught me so many ways to be frugal. I was raised on beans and rice, still enjoy them, and at least 2 meals each week are meat-free. A hot water bottle filled with hot water will warm you during those winter nights but fill it with ice water for those summer nights. The biggest takeaway from grandpop...you really don't need nearly as much as you think you do.
Really,that's so true. I mean the last line of your comment. You don't need it as much as you think you do. My parents were born in '25 and '28. They of course grew up during the Depression. Mom always said " If you want something, save your $ and buy it. By the time you come up with the money, you might not even want it anymore."
I would add be aware of policies and politicians that divide us to make our problems worse. Wealth inequality is making our lives harder. Only the rich have benefited from Trickle Down economics. It does not have to be as it is now.
My parents both lived through the Great Depression. My father's family were Sicilian immigrants with 15 children. They lived in a cold water flat with no heat other than from a small stove in the dining room that burned coal. The railroad men would throw out a shovel full of coal to the children when the train went by. The boys were up on the third floor---the attic---with newspapers on the windows to try to insulate the windows. My father said the thick layers of ice never melted until early May from the windows on the north side. The family got by with having a garden, bartering, and working---my grandfather worked 2 jobs during the week and one on the weekend. My grandmother was illiterate and took in laundry and sewing. For my mother, things were just as hard. She would walk with her father to the dump in another town about an hour's walk away to find "treasures" that my grandparents could repair or mend----and then sell. My mother used to scavenge clothing thrown out because of missing buttons, a torn hem, or torn lining in a coat. My grandmother would clean the clothes---washing and ironing---and then do the repairs. Twice a year she would open the basement to the neighborhood and anyone interested in "shopping" for men's, women's and children's clothing and shoes-----all clean and in good condition. My mother said people began lining up at 5 in the morning so they could be some of the early shoppers. My grandfather sold small appliances that he repaired---toasters, irons, etc. and tools. My grandparents were not too proud to go to the dump, and those dump finds kept the family in some money during the Depression. Let's say my mother and her sister were voted "best dressed" in high school. My mother used to wear a full length mink coat to school, and her sister had dresses and coats that were the envy of even the teachers for the clothing's style and workmanship. Families and friends stuck together to get by during this period, and no one was too proud to offer help or accept it. People were really a "neighborhood" then. And, on the street where my grandparents lived, there was a mixture of Poles, Italians, Swedes, Armenians, French Canadians, and Greeks------many didn't speak English that well, but their children all went to school, got an education, and were invested in the community. I can't imagine people today going through what my parents and grandparents did during those long years. People had backbone then----not the spineless wonders we see today who would never go picking through the discards at a dump or growing their own vegetables to put food on the table. Those stories of deprivation were engrained in me early on in life. I never forget the stories that my parents told me----my father sat with two of his younger brothers (ages 3 and 4) who died from tainted milk, and my mother was with her brother (age 4) when he died from a bowel obstruction. As long as I and my brothers live, we will never forget our parents' stories. Through their eyes we had a first-hand look at the Depression, and our parents make sure we learned our lessons well. That was their mission in life.
Thank you for sharing that story. It is history worth knowing. Both my husband's father and my father lived through the Great Depression and while their stories were far better than your family's, it was no picnic for either of them. Again, thanks for sharing.
A very hard life and so sad. But what you all went through was your survival. You had to make it. There was no other way. Our parents taught us well. 💞🤙
Great story and great lessons !!! My parents and grandparents went through it too, but my dads dad did not cope too well, he was defeated I guess 🤷🏼♀️ which is probably why my dad wouldn’t stop working, everyday of his life all he could do was think about making money and he wasn’t about to spend a dime of it on anyone ! After my step mom passed away, he was so lonely a 40 yr old woman got ahold of him and his credit cards……sad story. They grew up in Oklahoma and they talked about the sand/dirt swirling into mounds on window sills and blocking their door shut. I love going to the dump, people throw away good stuff these days !! Blessings
Thank you very much for sharing your stories. My grandparents were 15 and 11 when the Depression began. My grandma told stories of having to take sugar sandwiches to school when she was a child. The sandwiches consisted of a little bit of sugar moistened with a little bit of water, between 2 slices of bread. I think this caused Grandma lifelong health problems, but she did live to be 91, and Grandpa 85. These were truly the Greatest Geverations.
"People were really a "neighborhood" then." I think that lack of "neighborhood" may be the downfall for many during the tough times we're currently encountering and maybe even tougher yet to come. People don't know their neighbors, many have few real friends...everyone is isolated in many respects. Thank you, Susan Roberts, for posting the story of your family. God bless!
during the depression my father went to work for the civilian conservation corps helped my grandma {widow} feed his family .He never abandoned them . My father was my hero .
Right now it feels like the roaring 20s. Everyone driving cars which cost well over 40,000 and mortgages over 2,500 or even over 3,000 a month. Not sure if this is sustainable.
Are you aware of what the average debt per person is in the United States? $104,215 per person. Total household debt in the USA is $17.50 trillion as of the fourth quarter of 2023.
My Mother and Father lived through it. My real Grandfather lost all the land he owned, much of it was what is now downtown Seattle. My Father grew up on a farm, so it was winter that was very rough. We always knew how blessed we were.
we will not help one another, some will but todays people hate to much for just being a little different of opinion. the great depress. had people bartering food, working odd jobs, tradeing items one could use among each other. todays people can't even talk/help each other and get pass the hate. they would rather steal from you, some will even shot you just because they think they deserve what you have so it's theirs for the taking. i will hate what i will see and hear of when that time comes (it's happening a little now but it will get worse as time (shortly) comes about.
@@sue3745 a divided people is always easier to control. (reason the middle class is being eliminated) repub. or dem. we think, we try to work things out to get a salution or speak out when it effects us all in something. (not just on one sided issues) us all. they can't control that (us) so get people to hate, use key words or events to seperate us. (the differences of repub. and dem. are yes political) but we are all human. we both have to pay higher prices on food, gas, utilities, meds, health, etc. that is what we should be fighting for and together against. not, "i'm pro who ever or against who ever." what does that solve??? oh but that person or this person is what i stand for they say the right thing. yes and look where that has got us. hateing more and nothing being done. know why they (gov'n) has so many "commity hearings"? so they have something to do. why not spend their time working "for us" on issues not sitting on a panel on t.v. so they can say their sound bites, look like they are doing something for their voters. boy if they spent more time doing something (like they do on panels) we would all (us middle class americans) wouldn't have anything to be mad about other than the weather or sports.
My grandpa said it wasn’t no big deal to him and his family cause they lived on a farm and was already poor didn’t matter what happened in the city to them they didn’t rely on money to survive!
If you didn't do much with banks and were self employed, you probably did ok. My grandpa lost a sizable amount of money he'd saved in a savings account. He never trusted banks after that.
My grandma was born in 1925. I always wish she had stories from the Great Depression but her father was fully employed the entire time, they were always debt free and their house was paid off. She wanted for nothing. Only thing she remembered somewhat different was that she got made fun of for only having one pair of shoes…that’s it….while many were in rags without any shoes. She was always crazy for bogo sales even if she didn’t need the second item and always clipped coupons. Never canned, never gardened, always had “help” cleaning her house and doing her laundry in old age. Never hung dried clothes or did dishes without a dishwasher. She died a multi millionaire and stayed in a super fancy apartment until she had to go to hospice for a couple months, then quietly passed away during Covid (not because of Covid) at the age of 94.
My grandma was born in 1901 and got married right before the Depression. My grandparents also did okay but were very thrifty even to the day she died at 97.
My FIL, over 90 now deceased, used to follow the WV track of the coal train, as a ten year old, for three miles to pick up some coal pieces to keep them warm and cook with!
I'm not kidding when I say that the market crash and high inflation have me really stressed out and worried about retirement. I've been in the red for a while now and although people say these crisis has it perks, I'm losing my mind but I get it Investing is a long-term game, so focus on the long run.
I can’t focus on the long run when I should be retiring in 3years, you see I’ve got good companies in my portfolio and a good amount invested, but my profit has been stalling, does it mean this recession/unstable market doesn’t provide any calculated risk opportunities to make profit?
There are a lot of strategies to make tongue wetting profit especially in a down market, but such sophisticated trades can only be carried out by proper market experts
It's understandable to feel a bit uneasy in volatile markets, especially with all the frenzy and worry going on. The US Stock Market's longest bull run in history can definitely add to the uncertainty. However, there are opportunities out there if you know where to look. Working with an investment advisor to diversify your portfolio seems to have paid off well, netting you over $260k in profits last year. That's impressive!
'Carol Vivian Constable, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
One of the best, and I think, most realistic movies chronicalling life during the "dirty thirties" was "The Grapes of Wrath". My father, who grew up in a farming family during that period, really identified with the farmers' plight in that movie. Henry Fonda deserved an Oscar for his performance in that movie.
My father told me that the day the market crash they was in town, everyone was running to the bank, he said that my grandfather to started laughing, He never kept money in the bank never trusted the banking system when he was a kid his father lost all his money in a bank robbery, My father said that my grandfather turn to my grandmother laughing really loud and said, well I think we are the richest family in the county now, my grandfather kept all the money in a mason jar buried in the barn, by the time the depression was over they still had money left
Imagine how many people did that, I bet there is a lot of money, gold and silver buried on old farmsteads. My daughter and son in law bought an old farmstead, the original part of the house and first barn were built in 1932, there is an old car out in the woods, nothing else, just a decaying car. I kind of feel it could be a “marker” because it’s location and isolation. There was an old cabin where my garden sits but all I ever find is old metal, broken blue jars, tin lids….no money 😏
My grandma remembered it well as she was born in 1925. When she was a kid, she told her teacher of how she and her family didn't have enough money for food, so her teacher went to the store with her and bought a full paper bag worth of groceries for her to take home. ❤ As she got older and had kids in the 1940s and 1950s and then later becoming my grandma by 1992, she would always make great depression type meals like noodle dish, German potato salad, and lime jello with peas in it.
Depression food was beans and rice. She must have had a middle class experience, if she was able to stay in school. The history of Social Security published in the 1970s reported that 30% if the USA population literally starved to death or died from shortages if medical services. The majority were children. The book explained that is what it took to motivate the creation of Social Security. Because Social Security and unemployment insurance create the foundation of the USA economy, depressions are NOT likely here.
@@dcwander7092 The foundation of our economy is full employment, not robbing Peter to pay Paul to set on his azz, not bringing in hoards of migrants to feed and house, not spreading liberal propaganda to brainwashed fools to regurgitate
@@dcwander7092 If they had paid the farmers for the excess produce and distributed it to the starving, that would not have happened. It is always about money and greed. There is enough food for everyone, but corruption and greed intentionally prevent some from having enough to eat. I don't agree with your statement that government payments can prevent depressions. When there are shortages and inflation climbs, if those payments get increased that drives inflation even higher. Food shortages are coming so anyone who liked eating better start producing or supporting locals who will.
That's interesting!! My grandma was born in 1924 just a year before yours my grandma would tell us stories from her childhood it was very hard times for her and family .
I see many similarities to what is happening today in May of 2023, On the positive side I see helping eachother out and coming closer together as a good thing! Trusting in God needs to be 1st place!
Coming out of facing alot, I knew two things about the stock market: It caused the Great Depression, and the fastest way to make a million on the markets was to start with two million. And then the Great Recession happened only a few years later. So yeah, I wish someone had better explained it to me earlier in life. Having a good entry and exit strategy will make you succeed in the stock market.
Exactly, most of the investors pays more attention to the profit aspect forgetting that the market involves ups and down. securing your financial position requires lots of patience and proper education on the market so as to know the right profitable stock to buy and invest in. I made over $260k in profits, from just the Q4 of 2021. Investing in the stock market is most profitable when you understand how the market actually works.
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Aileen Gertrude Tippy’’ for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
My parents and their parents survived those times and their stories have always influenced me. No credit card debt and pay off mortgages asap to prepare for the downside.
My parents grew up in this time and their families were lucky to be from upper state N.Y. and they had farm land to grow what was needed and fishing. My mothers father would make cheese from goats milk. WWII was another story. My father was on the US Block Island when it was torpedoed in the Atlantic. The ship sank and Dad never did talk much about it. All of the worlds events made my parents tough.
My parents married just months before the market crashed. They helped both sides of the family at different times throughout the Great Depression because Dad was the only one with a steady job.
My mother was born in 1921 in Germany. My mother had rickets too & her legs were slightly bowed. My grandmother was a nanny during that time. My grandfather was a musician. People were starving. Horrible times...
My parents grew up in this period and told me about it. It was terrible. People learned what was really important during this time. Maybe it is time for it to happen again. People today are so wasteful, greedy and selfish that it makes me think we as a species are a waste.
@Timandanna Barrett unemployment stat are only people claiming unemployment benefits if you don't get unemployment benefits you aren't counted if your unemployment benefits run out you aren't counted anymore basically the numbers mean diddly squat
We do not know what will happen for sure. But good personal financial plannin remains not having credit card debt, car payments and if possible pay off your home while having an emergency fund. That advice is because no one knows for sure what life holds next.
Part of the reason that wages were cut had to do with the fact that the top people were buying stocks with their money because they knew the market would come back but only in certain sectors
much of the suffering was due to no bank regulations and unbridled speculation. The already rich were fine. It is the working and poor that sufferred then and now from deregulation to raise profits for corporations and the very rich
God says there’s nothing new up Under the sun, we just have to trust God he will get us through everything praise his name hallelujah God is good he will never leave no for sake us.
@@BigSmashKing Right! You can prepare by not keeping your money in the bank (just enough to pay bills) investing in gold and/or silver (holds its value!) get out of the stock market, treasury bonds, annuities or any other fiat currency, and stock up on plenty of food and water! Pray.
These stories in the comments are the real history that needs to be documented before we are gone. So here is my mothers experience. As a young girl, somewhat well off, her mom along with the neighbors, took turns making soup for distribution. They would go to the soup kitchen and serve. Mom said she noticed a man in line with nice shoes just like her daddy. She then realized that they too, could end up in a soup line and that frightened her. She would go to a church parking lot and search for money by car doors. She said that there were some men who would jump off buildings there, not a lot though. She lived in The Bronx, New York.
Im a chronic pain sufferer, and have basically neglected my yard for 6 months. Well, I walked into my backyard yesterday, and noticed 3 weeds that have taken off...and I can eat each one of them in a salad. Get to know your plants.
Try turmeric either in powder form (add a little black pepper for absorption) in a glass of water or in capsule form. It works wonders! My arthritis pain vanishes for several hours!!
Anyone thinking Wow this looks similar in 2023 the people that you’re looking at that are homeless and jobless are not drug addicts as well that’s the big difference folks.
No one knows for sure what will happen. Life is not certain nor has it ever been. In the 1950's after WWII, the mood was each generation would be better off than the last. Whatever is will change. But change will come from a variety of forces in an economy and world with lots of moving parts.
My mother and father grew up during the Great Depression. One point that my mother liked to point out was that people really helped each other out during those times. This way of living continued on with these people until they died. Today, with decades of relative prosperity behind them, people who grew up after the Great Depression don't have that same mentality.😢
And when those men abandoned who cared for and raised those children? Women. Who were paid less than men and had no one to care for their children while they worked. That situation still exists in America almost 109 years later.
Not true. Women today are paid equally for the same job as men. That’s the law. It wasn’t always this way, but it is now and has been for most of my working life (I am now 74). My husband left me before our baby was born, so I raised my son on my own. Child care was expensive, and I didn’t make much money as a bank teller. But I always paid my bills on time, and eventually I worked my way up in the company. After several years I was able to buy a small house, I was promoted in my jobs, and I managed to raise a fine young man. My point is when faced with a challenge, you can whine and cry about how unfair things are, or roll up your sleeves and get the job done. Don’t blame others for your situation. Be a victor, not a victim.
My parents survived the great depression in Mississippi. There was no jobs, no money. They survived on Wild game and a garden. People were eating horse meat and catfish. At the old home place the only thing they had was a wood cook stove one milk cow and some chickens.they made their butter Ground up the corn meal for bread. They had no electricity
Sounds a lot like what we are facing now or soon. Growing up we had big gardens and caned a lot of food as my parents went through that. They were very frugal and did not spend anymore than what was needed. I remember being taught to know the difference between needs and wants. I still do that to this day. People now try to keep up with Jones's so to speak. We or should I say the generations behind us are doing that and it will be the down fall for them. People really need to look at what they need and not what they are told they need. We finally bought our very first new car(in our 60's) 3 years ago because we could finally do that and paid it off quickly(2 years) so it was a treat to us both. Stay within your means is the best advice no matter how tough it may seem.
Yep, and even worse now its illegal for most people to have a garden if they needed to survive... Thanks zoning and HOAs! Studies are showing if there was a high altitude EMP 90% of the US population would cease to live: stores only have enough for a few days of food thanks to the "just in time" delivery system, which won't work when all electronics and likely computerized diesel trucks stop working. Then even those won't last long because refrigeration requires electricity, and the canned food again at best will last a week before it runs out (remember how bad just toilet paper was, and a bidet makes toilet paper meaningless yet we still ran out of that...). Basically we have an incredibly weak delivery and electrical grid that likely won't survive the first strike, or honestly with government so inept it could just be shut down by accident. If you wanted to grow your own food its likely illegal (and even if it was, it would be confiscated and/or taxed by the government, so you still might not have enough)
@@debbiescott6732 I still see it, but it's higher income. Someone spends more on a couch than my beloved fire spitting RX-8 and I'm like why? My car puts a huge smile on my face, a couch doesn't... Granted I can afford much more exotic cars, but the one I already have gets too much attention (only time I've been pulled over for suspected speeding, I was going between 3 and 5 over, in Texas... It just looks fast. I really don't need one that looks faster, because I usually am doing twice the limit even on a slow day). But anyways, some people spend way more than they can afford, life isn't about spending the most.
@Jake Garrett oh OK. Yes, I'm middle income, no rich family or friends just every day middle class people. Guess the rich can still do whatever they want since they have the money to throw away. Just be careful Jake, our country is divided among those that have money and those that want your money. I'm satisfied where I'm at and I've never begrudge anyone who is rich. But the world has changed and not for the better so be careful what you drive, how you dress, your shoes, your jewelry you wear......you'll become a huge target.
What I find crazy is our government was paying farmers not to grow food while China and the Soviet Union were starving there’s to build there infrastructure. 🤯🤷♂️
@@boristheamerican2938 yes you can but you have to rotate crops so you replenish what one crop depletes. But you can’t grow the same crop on the same land endlessly.
@@boristheamerican2938 You don't "conserve soil" by NOT PLANTING, at all. You leave a few acres barren for a couple years, then plant those acres and leave others barren. Kind of like "rotating the tires on your car.
Meanwhile in the Soviet Union, in Ukraine, which was the breadbasket of Europe, Stalin starved 11 Million Ukrainians to death by confiscating All of their harvest, including all seed stocks. And Mao Zedong's "Great Leap Forward" agricultural program starved 35 Million Chinese to death in 3 years. Stealing a single seed was an automatic death penalty.
Preparing for the Impending Great Depression: Strategies for Thriving During The Great Reset. Wondering about the right timing for stock investments? Curious about the timeline for a complete economic recovery? Puzzled about how some individuals are generating over $450k in profits within months in the current market scenario? These questions have left me perplexed.
Yes, a good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
'Carol Vivian Constable, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
I remember my dad telling me how at the beginning of each week someone on their block would buy a soup bone to make bean soup. Then they would pass it on to another neighbor and so on to make bean soup. He said it was best when it was their turn to buy the soup bone because it still had some meat on it.
I guess once your parents lived through it, they wanted to make damn sure they were prepared incase it happened again. My grandmother was the same. She grew up in Germany in the 30s and I guess it had such an impact on her that she never spent a cent more than she needed to. Only when she was nearing the end did she start spending on luxuries.
Let's not forget that during the depression, 12 million Americans died of starvation and another 13 million died of diseases caused by malnutrition related diseases.
Like that dude in the book "Children Above 180 IQ Stanford-Binet: Origin and Development", longitudinally followed for decades. Died during the great depression from stomach cancer from eating too many pickled foods. Coincidentally, south koreans have significant rates of similar bowel issues.
@@PrepperPrincess Research into the subject suggests, other than suicide rates, mortality rates actually improved during the great depression since people were "Eating healthier" (Fasting, Eating from the garden, eating less calories,etc).
My great aunt said when they would come to town there would be lines of people waiting to get food, all of my family lived in south east oregon so they grew all there own food so they was lucky they never felt the depression,
So many young folks who just do not even want to hear about those times. They will be frantic ! Those who want easy jobs and think being an influencer, an artist, a home based worker etc. will be hurting. $100. sneakers,expensive fancy nails and hair care, daily outings to eat ,constant fancy fashions, luxury upon luxury will end.
What do you mean? It's the boomers that are utterly unprepared for this. Young people have known for a while this was coming, we could all feel it. 70 y/o with a half paid off mortgage and no savings, just 401k. That's gonna be a problem.
@altha 2014 don't forget to stock up on self-defense items as well. Three days of no food on the shelves, and desperate people may come breaking your doors down to take your stuff.
@@dcwander7092 Yep, I remember 2008 driving my mom back from the bank and going down the street and seeing practically every single house with a for sale sign on the lawn.
So this is where white privilege began? One bowl of soup and 60 years later the disparity between races makes sense.. Whites are all privileged born with silver spoon in mouth people.
Roosevelt actually made a really bad move pushing up the price of food when Americans could hardly buy it already. Why did anyone think that was going to be a good idea? 💡
my grandparents said they bartered for a lot of stuff that they did not have and needed. everybody that had a yard plowed it up and had gardens for food and did their own canning. my grandfather helped manage a grocery store general store, meat locker and warehouse. he said desperate people would show up and ask for any kind of work just for some food or to sleep in a corner of the warehouse or boxcar just to get out of weather and cold. Grandpa and grandma did not talk about much crime though.
THE GREAT DEPRESSION STARTED ON THURSDAY 11 DEC 1930 WHEN THE FED REFUSED TO LEND MONEY TO THE "BANK OF UNITED STATES" AT 77 DELANCEY STREET IN MANHATTAN, NEW YORK CITY. IN OTHER WORDS, THE FEDERAL RESERVE CAUSED THE GREAT DEPRESSION ! ! ! 🔷🔷🔷🔷🔷🔷🔷🔷 🇺🇸 Marc J. Metivier 🇺🇸
We have kids & grandkids that won’t touch leftovers. I believe in the not so distant future, that will have to change along with several other “entitlement” habits
I hope people will learn that the reason the great depression lasted so long was because of all the government intervention. We have had depressions and recession prior to the Great Depression, and the government did nothing prior to the great depression.
Juwan: Not during the "coming year," according to International Monetary Fund. They call for a 2 to 4% reduction in the global economy. That is not enough to start a depression. World Bank says the worst to come in the next 12 months would be recessions. The window of risk of a Global Great Depression has been pushed back to July 2023 to July 2025. We were warned in June 2021 that we were to be monitoring the global economy from January 2023 to July 2025 for any indications of a developing Global Great Depression. That Is based on pandemic disruptions of economies. In December 2021, 40% of the world economy was in recession, including Russia, the Americas but not USA, 14 nations in Europe, East Asia but not Japan. Afghanistan was not mentioned, but families had reported selling children to meet expenses. When the 35 richest nations reported in spring 2021 that they lacked money to fight the pandemic after 2022, Biden took it upon himself to avert a Global Great Depression. We have been told in June 2022 that the USA economy is now stronger than it has ever been. Consumers have caused inflation by going $16,000,000,000,000 in debt. The USA federal national debt has been reduced by Biden to $1 trillion. That is 1/16th of consumer personal debt. One to 2 relevant articles have been published each month, appearing in smartphone free news app news feeds in cities. Business tab. Rural areas don't seem to get those. But a person can check online every week or 2. Search terms can be ' recession predictions' or 'Global Great depression.' A person can add a year number. However, note that during election years, a traditional Republican Big Lie is that the economy is in shambles. They hire financial analysts to write negative articles with economics vocabulary to impress the public. Affluent are hoarding. But they are running out of needs, so retail is starting to tank. Some good sales are said to be Begin by to clear excess inventory. Because USA had 40,000,000 who are 18 to 27, USA is unlikely to have ac depression. Another 4,000,000 turn 18 each year through 2035. USA had 100,000,000 born 1996 to 2020--our largest ever work force. They make any USA depression unlikely! Many of the current homeless are refugees from Red States. Red States experience chronic lack of liquidity in their economies because low wages being offered keep workers poor.
A few things no one mentions about the Great Depression is that the value of the dollar was worth about $18 today. While joblessness was high, those that did have work could still provide. Compare that to our ability to afford anything today. More jobs but less pay.
My son (15) and I were just talking about this. He says he can’t fathom 5 cents being able to buy anything. He said a nickel is insignificant to him. I told (weeks ago) about a book I was reading where someone bought a candy bar and a magazine with $1 and still had enough left over to make a long distance phone call. He couldn’t wrap his head around it. He has hopes of becoming a doctor, but said that even if he does he will probably “just be getting by” financially by the time it happens 😢
I just left the USA at 79 for Mexico. I always have 6 months preps, and I help non beggars. I moved to Queretaro in 2021 at 79, for it is safer, less expensive, and clean. The weather is cool. I was born in Chicago in 1942, and have been visiting Mexico, since age 20. The dollar has fell here, but my expenses are less, than the USA and I am safer.
Not during the "coming year," according to International Monetary Fund. They call for a 2 to 4% reduction in the global economy. That is not enough to start a depression. World Bank says the worst to come in the next 12 months would be recessions. The window of risk of a Global Great Depression has been pushed back to July 2023 to July 2025. We were warned in June 2021 that we were to be monitoring the global economy from January 2023 to July 2025 for any indications of a developing Global Great Depression. That Is based on pandemic disruptions of economies. In December 2021, 40% of the world economy was in recession, including Russia, the Americas but not USA, 14 nations in Europe, East Asia but not Japan. Afghanistan was not mentioned, but families had reported selling children to meet expenses. When the 35 richest nations reported in spring 2021 that they lacked money to fight the pandemic after 2022, Biden took it upon himself to avert a Global Great Depression. We have been told in June 2022 that the USA economy is now stronger than it has ever been. Consumers have caused inflation by going $16,000,000,000,000 in debt. The USA federal national debt has been reduced by Biden to $1 trillion. That is 1/16th of consumer personal debt. One to 2 relevant articles have been published each month, appearing in smartphone free news app news feeds in cities. Business tab. Rural areas don't seem to get those. But a person can check online every week or 2. Search terms can be ' recession predictions' or 'Global Great depression.' A person can add a year number. However, note that during election years, a traditional Republican Big Lie is that the economy is in shambles. They hire financial analysts to write negative articles with economics vocabulary to impress the public. Affluent are hoarding. But they are running out of needs, so retail is starting to tank. Some good sales are said to be Begin by to clear excess inventory. Because USA had 40,000,000 who are 18 to 27, USA is unlikely to have ac depression. Another 4,000,000 turn 18 each year through 2035. USA had 100,000,000 born 1996 to 2020--our largest ever work force. They make any USA depression unlikely! Many of the current homeless are refugees from Red States. Red States experience chronic lack of liquidity in their economies because low wages being offered keep workers poor.
@@dcwander7092 there are so many false statements in your paper so I’ll just correct a couple. 1)”the economy is the best it’s ever been” yet here we are in july22 and officially in a recession, as we’ve experienced our second consecutive term loss in the stock market. 2) economics 101.. inflation is caused by the devaluing of the monetary system, which is what the government has done by printing 40% of all the money the US has printed in the last 2 years. I always wondered if there were people who actually believe the outright lies that White House secretary spews that can easily be proven false by looking at statistics. But now I know. Please do your own research on the actual stats and read things not just the headlines
No....this is not depression ...we will know when it hits....this is nothing ....wait until we lose the social security act because it was sucked dry ...then everyone will feel it ....
My grandparents were children or just being born either during or right before the depression. All of my great grandparents were in their early 20s to 30s when the market crashed. One of my great grandpas was a salesman and also played banjo and fiddle to make money. Another worked for the railroad so i think he did pretty well even through the depression. All their kids quit school pretty early to get jobs picking cotton and doing odd jobs to help their families with income. People did whatever they had to. Im glad i got to talk to some of my great grandparents before they passed. Its a odd thing thay theyre all gone now. Nobody born in 1900 is alive now and certainly no one from the 1800s. Its even rare to see anyone born in the 1920s now. Its strange how you go from being a child, to a teenager, to your 20s, and finally most of the folks that were adults when you were a kid are gone and now youre the adult. What a terrible feeling it must have been to be going to work everyday, getting paid, then one day those checks just stop coming in. Terrible.
@@1timbarrett I don't think quality was better, the poor had to eat ground up rats in their meat... But it also depends, vegetables back then were cheaper (now its carbs and processed food), so I don't think it would end up the same.
Pretty selfish being a man and running away cause your pride. I was directly hit in 08 . I Lost LITERALLY everything .i cried all the time in private. Needed meds cause of my depression. Went without food 3 days a week. for a about year, So my kid could eat everyday. My wife at the time had a job working for a culinary school so she was able to eat every day.i waited in food lines. We went on welfare. So I could eat. My child had food. And knew nothing about our dilemma at the time . Oh we were given a30 notice to move out and sued by my ex in-laws And we moved into the ghetto one bedroom . but I never had the thought of leaving my family because of my precious pride. That's a POS. just an excuse to run from your responsibilities. Those kinds of men don't deserve families.
We had an economic boom from 2019 to 2021. Seems very similar and like 100 year depression is about to happen again. Over 3/4 of 1 million people have been laid off in the past year, we are about to lose our world reserve currency position, and possibly going to war. Hyper inflation inbound. Banks collapsing. Buckle up it’s going to be a bumpy ride.
@@sallyjune4109 Hell yeah. Tech industry was booming and consumers bought more during Covid than ever before. Stock market rallied, people got richer, people spent more. Interest rates went to zero and people bought more. Stimulus checks? People bought more. We absolutely had an economic boom during Covid and it was manufactured.
We actually... did not have an economic boom from 2019 to 2021. What happened was there was a gigantic market crash that would have ended in recession, had the government not printed oodles and bazillions of dollars, and the government spending brought the stock market up purely by way of currency debasement. In real value, however, there's been real gdp decline since that point. That is, if you use numbers that aren't fabricated.
Not worried!! Grandparents taught me well.. Never had money to blow, never bought what we could not pay for with cash.. Farmers we were.. Have our chickens, rabbits, gardens and such.. Canning our food is a lost art on the young ones for the most part.. What worries me more is there are Way to many people now to even compare to the Depression our forefathers went through.. They do not know how to survive without their modern world.. The only real threat Grandpa said he had was the city folk who tried to rob the farmers after they had emptied the stores.. Sometimes he had to Guard the livestock.. This time around, it will be Much, Much worse!!
Going to be a lot worse this time. Back then, people gravitated around their Christianity and love of country. Both have been under attack since the 60's and have been greatly diminished.
That ain't the problem back then people knew how to raise thier food now days nobody knows how to feed thier selves when the stores run out of food it's going to get bad
My grandmother was born during the depression , her family was so poor they let someone pay 10 dollarsto name her , it was twins a boy and girl so they guy got a good deal naming 2 for the price of 1 ,and my grandma got stuck being named Raymuth , her brother was Raymond . named after a strangers father.
My ancestors were already po folk in the 1920s living in rural Missouri and Oklahoma. They came to California during the great Depression and wound up in migrant labor camps making close to nothing because work was seasonal. My mom's parents had to go on California state aid with 5 children
Sounds like today only with people not wanting to work these days. My daddy lived through the depression and he always said, we’d see it again because of big government, greedy politicians, and government, and power. We see it everyday now.
My mom used to take a lard sandwich to school for lunch , she said sometimes the younger children would gather outside the back of a bakery and would be given stale bread that couldn’t be sold
My mother said everyone she knew had cardboard in their shoes. It wasn’t embarrassing bc all of her friends wore the same shoes. My grandfather had a job throughout the Depression.
This is scary. If we continue to keep destroying our environment with buildings and monoculture… we are screwed if this happens again. We will have no land or resources. 😮💨
My mom lived on a small farm and she said it didn't bother them too much, because of growing their own food and my grandpa always had work, living in a small town.
Not to worry. Mormons coming to grab land n irrig water.. and subsume oregon & cali into idaho-utah. Plus wash state then will fall Mormobs had mark lamb in ariz who helped sell out ariz? And wallah. In 2 to 3 yrs.. Mormons will have from rockies west to Pacific. Salmon? Onions potatoes avocados, wash orchards. Sea ports, shipping lanes, ship companies ocean fisheries. ALL THE PACIFIC PORTS...
We are in the next great depression and they replaced the soup lines with EBT cards I saw people during the pandemic in lines at work at the grocery store stretched out now it's worse people back then like now if they had prepared for it wouldn't of been hit as hard but now this time around it's going to worse than the great depression the federal reserve is trying to hold on things we are in the starting of a inflationary depression it's bad and not getting better most don't see it
Our Aunt wz 74 when I wz a boy in western Canada She said; one thing that saved the farmer & families wz having the farm animals eat along the Hwy. Spring /Summer in hungry 30's took alot of sharing w/ neighbors to survive💥 I fear we are very close I see homeless walking streets all nite, no where to go🔥💯
The difference between the 1930s tent towns and today is that the ones in the Depression were populated by people who had lost their jobs,including many,many families with kids.Drug addiction did exist,but mainly among older sick people,not young people who had to help their families.Mentally ill people were sent to hospitals that stayed open despite the depression.Residents of the tent cities kept them,and themselves,as clean as possible,and enforced their own law and order.Troublemakers were made to shape up or ship out;if you couldn't live in a community you hit the road.People still had a respect for others' humanity that doesn't exist today.This time it'll be Mad Max instead of Grapes of Wrath.
Im going to stock up water,rice and beans and hopefully can grown my own small garden this world is looking scary r.n it’s too much going on I feel like we will have to experience this.
My grandmother was 5 years old, when the great depression started. Even when I was little in the 90s, I never seen that woman throw any food out in my life. She would put any leftovers, in the freezer. She canned her own food. What she went through as a little girl, carried with her all the way into her 70s. She would tell me stories, how she couldn’t even afford a pencil for school. She found her father hanging in the barn. Her stepmother was abusive. She had to drop out of the eighth grade, to raise her two sisters and brother. She had it rough.
Sounds real familiar...History will repeat, especially for people don't have your Grandmother's survival skills...
Holy crap. Truly awful.
My grandmother also lived through it. She'd fish out used paper towels from the trash and scold us for throwing them away if there was any salvageable areas. Also would horde plastic bags.
@@janelleg597 I'm glad you said that. I have the hardest time, throwing away plastic bags. I thought it was just me. Years ago, I threw away some steel coffee cans. The next month, I found a use for one and all the ones I get now are aluminized cardboard with only the bottom steel! Experiences like that only reinforce saving things that 'normal' people throw away. It drives me crazy sometimes.
My father quit school in 7th grade to get a job as a newspaper boy and gave every cent to his mother. She also washed aluminum foil and never wasted anything. She always had a huge garden and canned all kinds of stuff.
@lilblackduc7312 HER mother, my great grandmother from Czecloslavakia taught many things. She could go in the yard and find wild cabbage to make a meal and taught my grandmother and father to do the same. Wish she was here now to teach me. I remember sleeping with her at my grandmothers cottage on the river under the down feather quilt. I was very young then. One shot and one beer in the morning was the medicine back then for her severe arthritis. She owned her own 3 fa.ily home and through all the difficulties was also able to buy a cottage on the river. I wish she were here now for financial wisdom. I'm sure a big part of it was most people lived within their means back then. (And no credit cards)They knew how to have fun and how to work hard. Most of them worked at EJs. My father passed in 2005 and his mother and hers long before that. I don't know how the young people will survive if they have no cash or creditcards.
My grandmother lived through the depression as a young married woman with children. She became a hoarder for the rest of her life, every magazine and item of Tupperware was a treasure. My grandfather, her husband, was a building contractor and a lot of that work dried up, too. It must have been incredibly hard during that time. The family began to recover when my grandfather got steady work buildings ships in the US Navy yards in Oakland, in the buildup and during WWII. My grandmother got a job in accounting at Sears, too. I remember the day when, finally retired, they paid off the mortgage on their last home in the late 60s, it was such a happy one.
My mothers grandma and grandpa grew up during the depression
My grandmother raised her 4 children during the Great Depression, as well. She never came out of it. She continued to live her life as if the GD was still going on. Extreme frugality, whereas it wasn't necessary to do so. Born in 1892 lived until 1991, as if nothing ever changed. 😢
My grandmother too. She never threw anything away.
Same, my adopted father was born in 1921 in Nebraska. He lived through the crash of 1929, Dust storm, and the second word war. He also worked in the shipyard during that time. He did not throw anything away.
My father was a small
boy at the time of the great depression. My grandfather lost both his parents and most of his extended family of aunts and uncles during the Spanish flu. My fathers family survived because they kept livestock on a smallholding. My grandfather grew vegetables together with his five sons and two daughter. My grandmother knew how to make a little go a long way. Resewing old shirts and women's skirts she either bought second hand or from those out grown by her own children into clothes not only her family but also for orphans and needy.
for the younger ones. Sadly two of the children died from infection but the others survived. Never would they even think of asking for anything.
History repeats itself.
Is history repeating itself?
My grandfather was born in 1901. He never gave up many of his "great depression" ways of doing things. I'm 74 and beginning to struggle financially, as many of us are. I am fortunate, however, that my grandparents taught me so many ways to be frugal. I was raised on beans and rice, still enjoy them, and at least 2 meals each week are meat-free. A hot water bottle filled with hot water will warm you during those winter nights but fill it with ice water for those summer nights. The biggest takeaway from grandpop...you really don't need nearly as much as you think you do.
Meat-free meals are a false economy if you end up compromising your health.😢
Really,that's so true. I mean the last line of your comment. You don't need it as much as you think you do. My parents were born in '25 and '28. They of course grew up during the Depression. Mom always said " If you want something, save your $ and buy it. By the time you come up with the money, you might not even want it anymore."
Great Thought
Grandpop was right! Thanks for sharing.
I would add be aware of policies and politicians that divide us to make our problems worse. Wealth inequality is making our lives harder. Only the rich have benefited from Trickle Down economics. It does not have to be as it is now.
My parents lived through it. Mama never threw away anything.
I love all the comments sharing their memories from the time - thank you all!
My parents both lived through the Great Depression. My father's family were Sicilian immigrants with 15 children.
They lived in a cold water flat with no heat other than from a small stove in the dining room that burned coal. The railroad men would throw out a shovel full of coal to the children when the train went by. The boys were up on the third floor---the attic---with newspapers on the windows to try to insulate the windows. My father said the thick layers of ice never melted until early May from the windows on the north side. The family got by with having a garden, bartering, and working---my grandfather worked 2 jobs during the week and one on the weekend. My grandmother was illiterate and took in laundry and sewing. For my mother, things were just as hard. She would walk with her father to the dump in another town about an hour's walk away to find "treasures" that my grandparents could repair or mend----and then sell. My mother used to scavenge clothing thrown out because of missing buttons, a torn hem, or torn lining in a coat. My grandmother would clean the clothes---washing and ironing---and then do the repairs. Twice a year she would open the basement to the neighborhood and anyone interested in "shopping" for men's, women's and children's clothing and shoes-----all clean and in good condition.
My mother said people began lining up at 5 in the morning so they could be some of the early shoppers. My grandfather sold small appliances that he repaired---toasters, irons, etc. and tools. My grandparents were not too proud to go to the dump, and those dump finds kept the family in some money during the Depression. Let's say my mother and her sister were voted "best dressed" in high school. My mother used to wear a full length mink coat to school, and her sister had dresses and coats that were the envy of even the teachers for the clothing's style and workmanship. Families and friends stuck together to get by during this period, and no one was too proud to offer help or accept it. People were really a "neighborhood" then. And, on the street where my grandparents lived, there was a mixture of Poles, Italians, Swedes, Armenians, French Canadians, and Greeks------many didn't speak English that well, but their children all went to school, got an education, and were invested in the community.
I can't imagine people today going through what my parents and grandparents did during those long years. People had backbone then----not the spineless wonders we see today who would never go picking through the discards at a dump or growing their own vegetables to put food on the table. Those stories of deprivation were engrained in me early on in life. I never forget the stories that my parents told me----my father sat with two of his younger brothers (ages 3 and 4) who died from tainted milk, and my mother was with her brother (age 4) when he died from a bowel obstruction. As long as I and my brothers live, we will never forget our parents' stories. Through their eyes we had a first-hand look at the Depression, and our parents make sure we learned our lessons well. That was their mission in life.
Thank you for sharing that story. It is history worth knowing.
Both my husband's father and my father lived through the Great Depression and while their stories were far better than your family's, it was no picnic for either of them. Again, thanks for sharing.
A very hard life and so sad. But what you all went through was your survival. You had to make it. There was no other way. Our parents taught us well. 💞🤙
Great story and great lessons !!! My parents and grandparents went through it too, but my dads dad did not cope too well, he was defeated I guess 🤷🏼♀️ which is probably why my dad wouldn’t stop working, everyday of his life all he could do was think about making money and he wasn’t about to spend a dime of it on anyone ! After my step mom passed away, he was so lonely a 40 yr old woman got ahold of him and his credit cards……sad story.
They grew up in Oklahoma and they talked about the sand/dirt swirling into mounds on window sills and blocking their door shut.
I love going to the dump, people throw away good stuff these days !!
Blessings
Thank you very much for sharing your stories. My grandparents were 15 and 11 when the Depression began. My grandma told stories of having to take sugar sandwiches to school when she was a child. The sandwiches consisted of a little bit of sugar moistened with a little bit of water, between 2 slices of bread. I think this caused Grandma lifelong health problems, but she did live to be 91, and Grandpa 85. These were truly the Greatest Geverations.
"People were really a "neighborhood" then."
I think that lack of "neighborhood" may be the downfall for many during the tough times we're currently encountering and maybe even tougher yet to come. People don't know their neighbors, many have few real friends...everyone is isolated in many respects.
Thank you, Susan Roberts, for posting the story of your family. God bless!
Great respect for those people who made a living how ever they could in that tough time. They were survivors, we can learn from that!
And....here it is. Always keep a roof over your head. From mom (1927-2022)
during the depression my father went to work for the civilian conservation corps helped my grandma {widow} feed his family .He never abandoned them . My father was my hero .
Right now it feels like the roaring 20s. Everyone driving cars which cost well over 40,000 and mortgages over 2,500 or even over 3,000 a month. Not sure if this is sustainable.
It isn’t.
Are you aware of what the average debt per person is in the United States? $104,215 per person. Total household debt in the USA is $17.50 trillion as of the fourth quarter of 2023.
My Mother and Father lived through it. My real Grandfather lost all the land he owned, much of it was what is now downtown Seattle. My Father grew up on a farm, so it was winter that was very rough. We always knew how blessed we were.
If the great depression has taught us anything it would be to band together to help each other.
we will not help one another, some will but todays people hate to much for just being a little different of opinion. the great depress. had people bartering food, working odd jobs, tradeing items one could use among each other. todays people can't even talk/help each other and get pass the hate. they would rather steal from you, some will even shot you just because they think they deserve what you have so it's theirs for the taking. i will hate what i will see and hear of when that time comes (it's happening a little now but it will get worse as time (shortly) comes about.
Yeah right that's talking happen people are greedy and greedier and meaner and meaner every day
Now the GOP wants to tear us apart.
@@sue3745 a divided people is always easier to control. (reason the middle class is being eliminated) repub. or dem. we think, we try to work things out to get a salution or speak out when it effects us all in something. (not just on one sided issues) us all. they can't control that (us) so get people to hate, use key words or events to seperate us. (the differences of repub. and dem. are yes political) but we are all human. we both have to pay higher prices on food, gas, utilities, meds, health, etc. that is what we should be fighting for and together against. not, "i'm pro who ever or against who ever." what does that solve??? oh but that person or this person is what i stand for they say the right thing. yes and look where that has got us. hateing more and nothing being done. know why they (gov'n) has so many "commity hearings"? so they have something to do. why not spend their time working "for us" on issues not sitting on a panel on t.v. so they can say their sound bites, look like they are doing something for their voters. boy if they spent more time doing something (like they do on panels) we would all (us middle class americans) wouldn't have anything to be mad about other than the weather or sports.
@@sue3745not really
My grandpa said it wasn’t no big deal to him and his family cause they lived on a farm and was already poor didn’t matter what happened in the city to them they didn’t rely on money to survive!
If you didn't do much with banks and were self employed, you probably did ok. My grandpa lost a sizable amount of money he'd saved in a savings account. He never trusted banks after that.
My grandma was born in 1925. I always wish she had stories from the Great Depression but her father was fully employed the entire time, they were always debt free and their house was paid off. She wanted for nothing. Only thing she remembered somewhat different was that she got made fun of for only having one pair of shoes…that’s it….while many were in rags without any shoes. She was always crazy for bogo sales even if she didn’t need the second item and always clipped coupons. Never canned, never gardened, always had “help” cleaning her house and doing her laundry in old age. Never hung dried clothes or did dishes without a dishwasher. She died a multi millionaire and stayed in a super fancy apartment until she had to go to hospice for a couple months, then quietly passed away during Covid (not because of Covid) at the age of 94.
My grandma was born in 1901 and got married right before the Depression. My grandparents also did okay but were very thrifty even to the day she died at 97.
I’m guessing your grandfather must have either worked for the government or railroad.
My FIL, over 90 now deceased, used to follow the WV track of the coal train, as a ten year old, for three miles to pick up some coal pieces to keep them warm and cook with!
I'm not kidding when I say that the market crash and high inflation have me really stressed out and worried about retirement. I've been in the red for a while now and although people say these crisis has it perks, I'm losing my mind but I get it Investing is a long-term game, so focus on the long run.
I can’t focus on the long run when I should be retiring in 3years, you see I’ve got good companies in my portfolio and a good amount invested, but my profit has been stalling, does it mean this recession/unstable market doesn’t provide any calculated risk opportunities to make profit?
There are a lot of strategies to make tongue wetting profit especially in a down market, but such sophisticated trades can only be carried out by proper market experts
It's understandable to feel a bit uneasy in volatile markets, especially with all the frenzy and worry going on. The US Stock Market's longest bull run in history can definitely add to the uncertainty. However, there are opportunities out there if you know where to look. Working with an investment advisor to diversify your portfolio seems to have paid off well, netting you over $260k in profits last year. That's impressive!
Please can you leave the info of your investment advisor here? I’m in dire need for one.
'Carol Vivian Constable, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
One of the best, and I think, most realistic movies chronicalling life during the "dirty thirties" was "The Grapes of Wrath". My father, who grew up in a farming family during that period, really identified with the farmers' plight in that movie. Henry Fonda deserved an Oscar for his performance in that movie.
Thanks for these was just about to scroll through google for some Great Depression movies after this vid 🤙
Oh yes!
I wholeheartedly agree!
I loved that book, I read it three times.
100% agree I've watched it at least 25 times,they were all great in that
My father told me that the day the market crash they was in town, everyone was running to the bank, he said that my grandfather to started laughing, He never kept money in the bank never trusted the banking system when he was a kid his father lost all his money in a bank robbery, My father said that my grandfather turn to my grandmother laughing really loud and said, well I think we are the richest family in the county now, my grandfather kept all the money in a mason jar buried in the barn, by the time the depression was over they still had money left
That won't work this time. Our money is fiat currency, not gold and silver backed.
@@imissamerica4240 you can still buy gold & silver & hold onto it
@@imissamerica4240 so why dont you have gold and silver
"laughing really loud" as long as it wasn't them huh?
Imagine how many people did that, I bet there is a lot of money, gold and silver buried on old farmsteads.
My daughter and son in law bought an old farmstead, the original part of the house and first barn were built in 1932, there is an old car out in the woods, nothing else, just a decaying car. I kind of feel it could be a “marker” because it’s location and isolation.
There was an old cabin where my garden sits but all I ever find is old metal, broken blue jars, tin lids….no money 😏
Thank you for posting. My Mom told me countless stories of the horrible Depression.
You should post them. When we are gone, the stories will be gone too. It's true history.
I grew up during the end of this, a lot of people are going to get a big shock soon!
Yupp
The end of the Depression was the start of the biggest economic boom in US history.
We are there already
Absolutely! People have lost work efforts and expect government to provide everything now...we are headed for disaster! It hasn't hit us yet......
Really!?! Care to explain?
My grandma remembered it well as she was born in 1925. When she was a kid, she told her teacher of how she and her family didn't have enough money for food, so her teacher went to the store with her and bought a full paper bag worth of groceries for her to take home. ❤ As she got older and had kids in the 1940s and 1950s and then later becoming my grandma by 1992, she would always make great depression type meals like noodle dish, German potato salad, and lime jello with peas in it.
Depression food was beans and rice. She must have had a middle class experience, if she was able to stay in school.
The history of Social Security published in the 1970s reported that 30% if the USA population literally starved to death or died from shortages if medical services. The majority were children. The book explained that is what it took to motivate the creation of Social Security.
Because Social Security and unemployment insurance create the foundation of the USA economy, depressions are NOT likely here.
@@dcwander7092 The foundation of our economy is full employment, not robbing Peter to pay Paul to set on his azz, not bringing in hoards of migrants to feed and house, not spreading liberal propaganda to brainwashed fools to regurgitate
@@dcwander7092 If they had paid the farmers for the excess produce and distributed it to the starving, that would not have happened. It is always about money and greed. There is enough food for everyone, but corruption and greed intentionally prevent some from having enough to eat. I don't agree with your statement that government payments can prevent depressions. When there are shortages and inflation climbs, if those payments get increased that drives inflation even higher. Food shortages are coming so anyone who liked eating better start producing or supporting locals who will.
@@dcwander7092 and
That's interesting!! My grandma was born in 1924 just a year before yours my grandma would tell us stories from her childhood it was very hard times for her and family .
My Dad was a depression baby. He was born in 1929. He told a few stories of life back in those days.
My dad grew up in Ponca Neb.during the depression. He said nobody had any money but e eryone had food.Everyone took care of everyone
I see many similarities to what is happening today in May of 2023,
On the positive side I see helping eachother out and coming closer together as a good thing! Trusting in God needs to be 1st place!
Coming out of facing alot, I knew two things about the stock market: It caused the Great Depression, and the fastest way to make a million on the markets was to start with two million. And then the Great Recession happened only a few years later. So yeah, I wish someone had better explained it to me earlier in life. Having a good entry and exit strategy will make you succeed in the stock market.
There are actually a lot of ways to make high yields in a crisis, but such trades are best done under the supervision of Financial advisor.
Exactly, most of the investors pays more attention to the profit aspect forgetting that the market involves ups and down. securing your financial position requires lots of patience and proper education on the market so as to know the right profitable stock to buy and invest in. I made over $260k in profits, from just the Q4 of 2021. Investing in the stock market is most profitable when you understand how the market actually works.
I really acknowledge your comment, i have been trading stocks for a while now but i have not been able to make much. how do you achieve this feat?
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Aileen Gertrude Tippy’’ for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
My Grandma survived all of it. She said meat was a luxury & referred to this period as "The Hard Times."
My parents and their parents survived those times and their stories have always influenced me. No credit card debt and pay off mortgages asap to prepare for the downside.
Yeeh😮
I can't imagine today's young being able to deal with this level of suffering.
All signs say we will see it happen.
Nothing compared to most third world countries
Young people now are too spoiled.
Yet they support socialism, the prelude to communism.
@@pinkbeautytwinkle what spoiled them unaffordable houses unaffordable cars unaffordable food 😂😂
My parents grew up in this time and their families were lucky to be from upper state N.Y. and they had farm land to grow what was needed and fishing. My mothers father would make cheese from goats milk. WWII was another story. My father was on the US Block Island when it was torpedoed in the Atlantic. The ship sank and Dad never did talk much about it. All of the worlds events made my parents tough.
My parents married just months before the market crashed. They helped both sides of the family at different times throughout the Great Depression because Dad was the only one with a steady job.
My mother was born in 1921 in Germany. My mother had rickets too & her legs were slightly bowed. My grandmother was a nanny during that time. My grandfather was a musician. People were starving. Horrible times...
My parents grew up in this period and told me about it. It was terrible. People learned what was really important during this time. Maybe it is time for it to happen again. People today are so wasteful, greedy and selfish that it makes me think we as a species are a waste.
You want more ppl to starve to death to prove a point?
We are teetering between hyperinflation and a Great Depression at this point.
Yep, saving a bunch of cash won't work this time around. It's gonna be a real shocker for some people
Yeah, and although the employment stats still look good, too many ppl need to string two or even three jobs together to earn a living wage.😢
@Timandanna Barrett unemployment stat are only people claiming unemployment benefits if you don't get unemployment benefits you aren't counted if your unemployment benefits run out you aren't counted anymore basically the numbers mean diddly squat
We do not know what will happen for sure. But good personal financial plannin remains not having credit card debt, car payments and if possible pay off your home while having an emergency fund. That advice is because no one knows for sure what life holds next.
@@imissamerica4240 But saving in silver and gold will do just fine :D
Part of the reason that wages were cut had to do with the fact that the top people were buying stocks with their money because they knew the market would come back but only in certain sectors
Yes the top people had to have their steak dinners and nice cars and homes.
much of the suffering was due to no bank regulations and unbridled speculation. The already rich were fine. It is the working and poor that sufferred then and now from deregulation to raise profits for corporations and the very rich
God says there’s nothing new up Under the sun, we just have to trust God he will get us through everything praise his name hallelujah God is good he will never leave no for sake us.
This is true, God also gives us wisdom to prepare. So please do so like Joseph, Noah, and so many others...
@@BigSmashKing Right! You can prepare by not keeping your money in the bank (just enough to pay bills) investing in gold and/or silver (holds its value!) get out of the stock market, treasury bonds, annuities or any other fiat currency, and stock up on plenty of food and water! Pray.
These stories in the comments are the real history that needs to be documented before we are gone. So here is my mothers experience. As a young girl, somewhat well off, her mom along with the neighbors, took turns making soup for distribution. They would go to the soup kitchen and serve. Mom said she noticed a man in line with nice shoes just like her daddy. She then realized that they too, could end up in a soup line and that frightened her. She would go to a church parking lot and search for money by car doors. She said that there were some men who would jump off buildings there, not a lot though. She lived in The Bronx, New York.
Thank you sharing ❤
Im a chronic pain sufferer, and have basically neglected my yard for 6 months. Well, I walked into my backyard yesterday, and noticed 3 weeds that have taken off...and I can eat each one of them in a salad. Get to know your plants.
Try turmeric either in powder form (add a little black pepper for absorption) in a glass of water or in capsule form. It works wonders! My arthritis pain vanishes for several hours!!
Anyone thinking Wow this looks similar in 2023 the people that you’re looking at that are homeless and jobless are not drug addicts as well that’s the big difference folks.
Now that the U.S. dollar will no longer be the world's reserve currency, we're about to find out.
Jealously
I read that but I highly doubt it.
GOD BLESSED America and the greedy ABUSED It, so as a whole THAT blessing is withdrawn nationally BUT not individually.
No one knows for sure what will happen. Life is not certain nor has it ever been. In the 1950's after WWII, the mood was each generation would be better off than the last. Whatever is will change. But change will come from a variety of forces in an economy and world with lots of moving parts.
My parents grew up on their parents’ farms during the depression. They said they never noticed the Depression.
My family said the same
Did they live on the farm and never go into the cities?
hard to notice economic collapse when you're poor to begin with.
@@lv2fish501 same for me and im so called black...my grandparents on both sides have acres of and in the south.
For those who had jobs and could pay their bills, it was like that. Sadly that was not half the population.
My mother and father grew up during the Great Depression. One point that my mother liked to point out was that people really helped each other out during those times. This way of living continued on with these people until they died. Today, with decades of relative prosperity behind them, people who grew up after the Great Depression don't have that same mentality.😢
Great documentary. We are fortunate today......recession is nothing compared to the great depression 😮
And when those men abandoned who cared for and raised those children? Women. Who were paid less than men and had no one to care for their children while they worked. That situation still exists in America almost 109 years later.
Not true. Women today are paid equally for the same job as men. That’s the law. It wasn’t always this way, but it is now and has been for most of my working life (I am now 74). My husband left me before our baby was born, so I raised my son on my own. Child care was expensive, and I didn’t make much money as a bank teller. But I always paid my bills on time, and eventually I worked my way up in the company. After several years I was able to buy a small house, I was promoted in my jobs, and I managed to raise a fine young man. My point is when faced with a challenge, you can whine and cry about how unfair things are, or roll up your sleeves and get the job done. Don’t blame others for your situation. Be a victor, not a victim.
@@SteviePaints if people today would be satisfied with what they could afford they would.not lose everything.
@@SteviePaints According to the Bureau of Labor Statistics, women earn 82 cents on the dollar compared to men.
My parents survived the great depression in Mississippi. There was no jobs, no money. They survived on Wild game and a garden. People were eating horse meat and catfish. At the old home place the only thing they had was a wood cook stove one milk cow and some chickens.they made their butter Ground up the corn meal for bread. They had no electricity
Sounds a lot like what we are facing now or soon. Growing up we had big gardens and caned a lot of food as my parents went through that. They were very frugal and did not spend anymore than what was needed. I remember being taught to know the difference between needs and wants. I still do that to this day. People now try to keep up with Jones's so to speak. We or should I say the generations behind us are doing that and it will be the down fall for them. People really need to look at what they need and not what they are told they need. We finally bought our very first new car(in our 60's) 3 years ago because we could finally do that and paid it off quickly(2 years) so it was a treat to us both. Stay within your means is the best advice no matter how tough it may seem.
Yep, and even worse now its illegal for most people to have a garden if they needed to survive... Thanks zoning and HOAs!
Studies are showing if there was a high altitude EMP 90% of the US population would cease to live: stores only have enough for a few days of food thanks to the "just in time" delivery system, which won't work when all electronics and likely computerized diesel trucks stop working. Then even those won't last long because refrigeration requires electricity, and the canned food again at best will last a week before it runs out (remember how bad just toilet paper was, and a bidet makes toilet paper meaningless yet we still ran out of that...).
Basically we have an incredibly weak delivery and electrical grid that likely won't survive the first strike, or honestly with government so inept it could just be shut down by accident. If you wanted to grow your own food its likely illegal (and even if it was, it would be confiscated and/or taxed by the government, so you still might not have enough)
And defend the social safer bet instead of attacking it. Pay off debt etc
I think the "keeping up with the Jones" died during the 2008 crash. Don't see much of that attitude any more.
@@debbiescott6732 I still see it, but it's higher income. Someone spends more on a couch than my beloved fire spitting RX-8 and I'm like why? My car puts a huge smile on my face, a couch doesn't...
Granted I can afford much more exotic cars, but the one I already have gets too much attention (only time I've been pulled over for suspected speeding, I was going between 3 and 5 over, in Texas... It just looks fast. I really don't need one that looks faster, because I usually am doing twice the limit even on a slow day). But anyways, some people spend way more than they can afford, life isn't about spending the most.
@Jake Garrett oh OK. Yes, I'm middle income, no rich family or friends just every day middle class people. Guess the rich can still do whatever they want since they have the money to throw away. Just be careful Jake, our country is divided among those that have money and those that want your money. I'm satisfied where I'm at and I've never begrudge anyone who is rich. But the world has changed and not for the better so be careful what you drive, how you dress, your shoes, your jewelry you wear......you'll become a huge target.
What I find crazy is our government was paying farmers not to grow food while China and the Soviet Union were starving there’s to build there infrastructure. 🤯🤷♂️
Its called conserving the soil. You cant plant year after year on the same plot, the soil gets depleted. Its a lesson from the dust bowl.
@@boristheamerican2938 yes you can but you have to rotate crops so you replenish what one crop depletes. But you can’t grow the same crop on the same land endlessly.
To raise the price of the crops beyond the price of growing it.
@@boristheamerican2938 You don't "conserve soil" by NOT PLANTING, at all. You leave a few acres barren for a couple years, then plant those acres and leave others barren. Kind of like "rotating the tires on your car.
Meanwhile in the Soviet Union, in Ukraine, which was the breadbasket of Europe, Stalin starved 11 Million Ukrainians to death by confiscating All of their harvest, including all seed stocks. And Mao Zedong's "Great Leap Forward" agricultural program starved 35 Million Chinese to death in 3 years. Stealing a single seed was an automatic death penalty.
Preparing for the Impending Great Depression: Strategies for Thriving During The Great Reset. Wondering about the right timing for stock investments? Curious about the timeline for a complete economic recovery? Puzzled about how some individuals are generating over $450k in profits within months in the current market scenario? These questions have left me perplexed.
Yes, a good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
'Carol Vivian Constable, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
My maternal grandparents were Ohio dairy farmers. times were tight but they were better off than many.
I remember my dad telling me how at the beginning of each week someone on their block would buy a soup bone to make bean soup. Then they would pass it on to another neighbor and so on to make bean soup. He said it was best when it was their turn to buy the soup bone because it still had some meat on it.
I was the next generation brought up like we were always in a depression
I guess once your parents lived through it, they wanted to make damn sure they were prepared incase it happened again. My grandmother was the same. She grew up in Germany in the 30s and I guess it had such an impact on her that she never spent a cent more than she needed to. Only when she was nearing the end did she start spending on luxuries.
Let's not forget that during the depression, 12 million Americans died of starvation and another 13 million died of diseases caused by malnutrition related diseases.
Options: War , enslavement or agriculture.
It's strange that no one from that generation I knew lost anyone to starvation
Like that dude in the book "Children Above 180 IQ Stanford-Binet: Origin and Development", longitudinally followed for decades. Died during the great depression from stomach cancer from eating too many pickled foods. Coincidentally, south koreans have significant rates of similar bowel issues.
The U.S. population during the depression was 100 million. You’re saying 12% of the population died? I don’t think so.
@@PrepperPrincess Research into the subject suggests, other than suicide rates, mortality rates actually improved during the great depression since people were "Eating healthier" (Fasting, Eating from the garden, eating less calories,etc).
My parents lived through the great depression in Louisiana.
My great aunt said when they would come to town there would be lines of people waiting to get food, all of my family lived in south east oregon so they grew all there own food so they was lucky they never felt the depression,
We headed right into another one, only it will be worse.
Not enough people that own gold they'll be able to confiscate it this time lmao
So many young folks who just do not even want to hear about those times. They will be frantic ! Those who want easy jobs and think being an influencer, an artist, a home based worker etc. will be hurting. $100. sneakers,expensive fancy nails and hair care, daily outings to eat ,constant fancy fashions, luxury upon luxury will end.
Don't forget no more Starbucks, getting a new Lexus every few years, Door Dash, etc. Oh the horror of it all.😁😁
The reset will ultimately be good for us.
Just like their parents! Stop blaming the kids for this mess!
What do you mean? It's the boomers that are utterly unprepared for this. Young people have known for a while this was coming, we could all feel it. 70 y/o with a half paid off mortgage and no savings, just 401k. That's gonna be a problem.
It's going to be much worse this time around.
I don't think we even have a year left.
It’s all deliberately done this time by the globalists
You were right!
Family members call me crazy when they see my food pantry.
@@altha-rf1et Theyll be kicking themselves when you have a queue of people wanting to trade 8 hours labour for 3000 calories...
@altha 2014 don't forget to stock up on self-defense items as well.
Three days of no food on the shelves, and desperate people may come breaking your doors down to take your stuff.
hang on for 5 minutes we will find out exactly what it was like
Na, republicans are always the cause of these things. Them and their greed.
Lots of people living in those conditions during the most recent 20 years.
@@dcwander7092 Yep, I remember 2008 driving my mom back from the bank and going down the street and seeing practically every single house with a for sale sign on the lawn.
So this is where white privilege began? One bowl of soup and 60 years later the disparity between races makes sense.. Whites are all privileged born with silver spoon in mouth people.
WORD!! Tell this generation to hold our beer
Roosevelt actually made a really bad move pushing up the price of food when Americans could hardly buy it already.
Why did anyone think that was going to be a good idea? 💡
my grandparents said they bartered for a lot of stuff that they did not have and needed. everybody that had a yard plowed it up and had gardens for food and did their own canning. my grandfather helped manage a grocery store general store, meat locker and warehouse. he said desperate people would show up and ask for any kind of work just for some food or to sleep in a corner of the warehouse or boxcar just to get out of weather and cold. Grandpa and grandma did not talk about much crime though.
THE GREAT DEPRESSION
STARTED ON THURSDAY
11 DEC 1930 WHEN THE
FED REFUSED TO LEND
MONEY TO THE "BANK
OF UNITED STATES" AT
77 DELANCEY STREET
IN MANHATTAN, NEW
YORK CITY. IN OTHER
WORDS, THE FEDERAL
RESERVE CAUSED THE
GREAT DEPRESSION ! ! !
🔷🔷🔷🔷🔷🔷🔷🔷
🇺🇸 Marc J. Metivier 🇺🇸
Excellent video which should be shown in all schools.
We have kids & grandkids that won’t touch leftovers. I believe in the not so distant future, that will have to change along with several other “entitlement” habits
I’ll say…
I hope people will learn that the reason the great depression lasted so long was because of all the government intervention. We have had depressions and recession prior to the Great Depression, and the government did nothing prior to the great depression.
part right
Now the government needs to get out of our way.
With the way things are going we all may be for a Great Depression Part 2.
Juwan: Not during the "coming year," according to International Monetary Fund. They call for a 2 to 4% reduction in the global economy. That is not enough to start a depression.
World Bank says the worst to come in the next 12 months would be recessions.
The window of risk of a Global Great Depression has been pushed back to July 2023 to July 2025. We were warned in June 2021 that we were to be monitoring the global economy from January 2023 to July 2025 for any indications of a developing Global Great Depression. That Is based on pandemic disruptions of economies.
In December 2021, 40% of the world economy was in recession, including Russia, the Americas but not USA, 14 nations in Europe, East Asia but not Japan. Afghanistan was not mentioned, but families had reported selling children to meet expenses.
When the 35 richest nations reported in spring 2021 that they lacked money to fight the pandemic after 2022, Biden took it upon himself to avert a Global Great Depression. We have been told in June 2022 that the USA economy is now stronger than it has ever been.
Consumers have caused inflation by going $16,000,000,000,000 in debt. The USA federal national debt has been reduced by Biden to $1 trillion. That is 1/16th of consumer personal debt.
One to 2 relevant articles have been published each month, appearing in smartphone free news app news feeds in cities. Business tab.
Rural areas don't seem to get those. But a person can check online every week or 2. Search terms can be ' recession predictions' or 'Global Great depression.' A person can add a year number.
However, note that during election years, a traditional Republican Big Lie is that the economy is in shambles. They hire financial analysts to write negative articles with economics vocabulary to impress the public.
Affluent are hoarding. But they are running out of needs, so retail is starting to tank. Some good sales are said to be Begin by to clear excess inventory.
Because USA had 40,000,000 who are 18 to 27, USA is unlikely to have ac depression. Another 4,000,000 turn 18 each year through 2035. USA had 100,000,000 born 1996 to 2020--our largest ever work force. They make any USA depression unlikely!
Many of the current homeless are refugees from Red States. Red States experience chronic lack of liquidity in their economies because low wages being offered keep workers poor.
@@dcwander7092 I lost brain cells reading that tripe...
Indeed
We are there already
@@karlabritfeld7104 Almost.
A few things no one mentions about the Great Depression is that the value of the dollar was worth about $18 today. While joblessness was high, those that did have work could still provide. Compare that to our ability to afford anything today. More jobs but less pay.
My mother's family of five lived quite well on her father's book keeper paycheck, during that entire time.
My grandfather told when he was young. He could buy a nice dinner for 25 cents
My son (15) and I were just talking about this. He says he can’t fathom 5 cents being able to buy anything. He said a nickel is insignificant to him. I told (weeks ago) about a book I was reading where someone bought a candy bar and a magazine with $1 and still had enough left over to make a long distance phone call. He couldn’t wrap his head around it. He has hopes of becoming a doctor, but said that even if he does he will probably “just be getting by” financially by the time it happens 😢
@@DoloresSeurat Get him some depression era nickels, those things still haven't lost their value and you can still buy things with those nickels.
It can be a new beginning for many, and opportunities. But for many others it's the end.
I just left the USA at 79 for Mexico. I always have 6 months preps, and I help non beggars.
I moved to Queretaro in 2021 at 79, for it is safer, less expensive, and clean. The weather is cool. I was born in Chicago in 1942, and have been visiting Mexico, since age 20. The dollar has fell here, but my expenses are less, than the USA and I am safer.
A lot of us are going to the Philippines too
I was thinking of Mexico as well. Many people are feared from the crime what other cities are good also?
No one needs to remember the depression so many of us are living it now
Not during the "coming year," according to International Monetary Fund. They call for a 2 to 4% reduction in the global economy. That is not enough to start a depression.
World Bank says the worst to come in the next 12 months would be recessions.
The window of risk of a Global Great Depression has been pushed back to July 2023 to July 2025. We were warned in June 2021 that we were to be monitoring the global economy from January 2023 to July 2025 for any indications of a developing Global Great Depression. That Is based on pandemic disruptions of economies.
In December 2021, 40% of the world economy was in recession, including Russia, the Americas but not USA, 14 nations in Europe, East Asia but not Japan. Afghanistan was not mentioned, but families had reported selling children to meet expenses.
When the 35 richest nations reported in spring 2021 that they lacked money to fight the pandemic after 2022, Biden took it upon himself to avert a Global Great Depression. We have been told in June 2022 that the USA economy is now stronger than it has ever been.
Consumers have caused inflation by going $16,000,000,000,000 in debt. The USA federal national debt has been reduced by Biden to $1 trillion. That is 1/16th of consumer personal debt.
One to 2 relevant articles have been published each month, appearing in smartphone free news app news feeds in cities. Business tab.
Rural areas don't seem to get those. But a person can check online every week or 2. Search terms can be ' recession predictions' or 'Global Great depression.' A person can add a year number.
However, note that during election years, a traditional Republican Big Lie is that the economy is in shambles. They hire financial analysts to write negative articles with economics vocabulary to impress the public.
Affluent are hoarding. But they are running out of needs, so retail is starting to tank. Some good sales are said to be Begin by to clear excess inventory.
Because USA had 40,000,000 who are 18 to 27, USA is unlikely to have ac depression. Another 4,000,000 turn 18 each year through 2035. USA had 100,000,000 born 1996 to 2020--our largest ever work force. They make any USA depression unlikely!
Many of the current homeless are refugees from Red States. Red States experience chronic lack of liquidity in their economies because low wages being offered keep workers poor.
@@dcwander7092 there are so many false statements in your paper so I’ll just correct a couple. 1)”the economy is the best it’s ever been” yet here we are in july22 and officially in a recession, as we’ve experienced our second consecutive term loss in the stock market. 2) economics 101.. inflation is caused by the devaluing of the monetary system, which is what the government has done by printing 40% of all the money the US has printed in the last 2 years. I always wondered if there were people who actually believe the outright lies that White House secretary spews that can easily be proven false by looking at statistics. But now I know. Please do your own research on the actual stats and read things not just the headlines
Jahz Wolf: In a few months these last months will seem like BLISS.
No....this is not depression ...we will know when it hits....this is nothing ....wait until we lose the social security act because it was sucked dry ...then everyone will feel it ....
Not like then, and this will be much worse.
My grandparents were children or just being born either during or right before the depression. All of my great grandparents were in their early 20s to 30s when the market crashed. One of my great grandpas was a salesman and also played banjo and fiddle to make money. Another worked for the railroad so i think he did pretty well even through the depression. All their kids quit school pretty early to get jobs picking cotton and doing odd jobs to help their families with income. People did whatever they had to. Im glad i got to talk to some of my great grandparents before they passed. Its a odd thing thay theyre all gone now. Nobody born in 1900 is alive now and certainly no one from the 1800s. Its even rare to see anyone born in the 1920s now. Its strange how you go from being a child, to a teenager, to your 20s, and finally most of the folks that were adults when you were a kid are gone and now youre the adult. What a terrible feeling it must have been to be going to work everyday, getting paid, then one day those checks just stop coming in. Terrible.
They lived longer because they ate less! True fact.
Yup. Quantity and frequency of food intake was less, and quality was better.
@@1timbarrett I don't think quality was better, the poor had to eat ground up rats in their meat... But it also depends, vegetables back then were cheaper (now its carbs and processed food), so I don't think it would end up the same.
@Jake Garrett Err, some people on this Earth still eat rat and/or other rodents. 😱
@@1timbarrett just a watched a travel food channel and yes they eat rats and everything they could find
Pretty selfish being a man and running away cause your pride. I was directly hit in 08 .
I Lost LITERALLY everything
.i cried all the time in private. Needed meds cause of my depression. Went without food 3 days a week. for a about year, So my kid could eat everyday. My wife at the time had a job working for a culinary school so she was able to eat every day.i waited in food lines. We went on welfare. So I could eat. My child had food. And knew nothing about our dilemma at the time . Oh we were given a30 notice to move out and sued by my ex in-laws And we moved into the ghetto one bedroom .
but I never had the thought of leaving my family because of my precious pride. That's a POS. just an excuse to run from your responsibilities. Those kinds of men don't deserve families.
Yes indeed amazing your story God bless
"Needed meds cause of my depression" no mental health meds in the 1930s, would you have made it without them? Because you said you "needed" them.
I agree!
We had an economic boom from 2019 to 2021. Seems very similar and like 100 year depression is about to happen again. Over 3/4 of 1 million people have been laid off in the past year, we are about to lose our world reserve currency position, and possibly going to war. Hyper inflation inbound. Banks collapsing. Buckle up it’s going to be a bumpy ride.
Economic boom during COVID?
@@sallyjune4109 Hell yeah. Tech industry was booming and consumers bought more during Covid than ever before. Stock market rallied, people got richer, people spent more. Interest rates went to zero and people bought more. Stimulus checks? People bought more. We absolutely had an economic boom during Covid and it was manufactured.
@@sallyjune4109 a lot of money was made in that time period! Lots of it! But, only certain people
Not quite true. There have been more jobs created in the past 2years than with all of presidents combined.
We actually... did not have an economic boom from 2019 to 2021. What happened was there was a gigantic market crash that would have ended in recession, had the government not printed oodles and bazillions of dollars, and the government spending brought the stock market up purely by way of currency debasement. In real value, however, there's been real gdp decline since that point. That is, if you use numbers that aren't fabricated.
We have been going through a great depression since 2022 which has continuously been getting worst and still has not bottomeed out.
Not worried!! Grandparents taught me well.. Never had money to blow, never bought what we could not pay for with cash.. Farmers we were.. Have our chickens, rabbits, gardens and such.. Canning our food is a lost art on the young ones for the most part.. What worries me more is there are Way to many people now to even compare to the Depression our forefathers went through.. They do not know how to survive without their modern world.. The only real threat Grandpa said he had was the city folk who tried to rob the farmers after they had emptied the stores.. Sometimes he had to Guard the livestock.. This time around, it will be Much, Much worse!!
Merci beaucoup pour l'histoire de Daily life during The Great Depression ❤❤❤❤❤❤❤❤❤❤😊❤❤❤❤❤❤
Millions of blessings,
Esther St Juste
Going to be a lot worse this time. Back then, people gravitated around their Christianity and love of country. Both have been under attack since the 60's and have been greatly diminished.
So true.
That ain't the problem back then people knew how to raise thier food now days nobody knows how to feed thier selves when the stores run out of food it's going to get bad
True!
When I was young there were still a lot of old people who'd lived through the depression and it changed them for life
My grandmother was born during the depression , her family was so poor they let someone pay 10 dollarsto name her , it was twins a boy and girl so they guy got a good deal naming 2 for the price of 1 ,and my grandma got stuck being named Raymuth , her brother was Raymond . named after a strangers father.
My ancestors were already po folk in the 1920s living in rural Missouri and Oklahoma. They came to California during the great Depression and wound up in migrant labor camps making close to nothing because work was seasonal. My mom's parents had to go on California state aid with 5 children
Maybe people lived longer because they ate less, effectively fasting, which is one of the healthiest things you can do.
Well, at least they had each other
Sounds like today only with people not wanting to work these days. My daddy lived through the depression and he always said, we’d see it again because of big government, greedy politicians, and government, and power. We see it everyday now.
My mom used to take a lard sandwich to school for lunch , she said sometimes the younger children would gather outside the back of a bakery and would be given stale bread that couldn’t be sold
My dad said his mom would make gravy and they'd have gravy and bread.
My dad and his childhood friends would go down to the train tracks and collect the coal pieces that had flipped off the cars coming through.
The world is on the brink of the biblical great tribulation ! Luke 21,36 KJV
My mother said everyone she knew had cardboard in their shoes. It wasn’t embarrassing bc all of her friends wore the same shoes. My grandfather had a job throughout the Depression.
This is scary. If we continue to keep destroying our environment with buildings and monoculture… we are screwed if this happens again. We will have no land or resources. 😮💨
They boxed us in on purpose
My mom lived on a small farm and she said it didn't bother them too much, because of growing their own food and my grandpa always had work, living in a small town.
The government is paying farmers in southern Oregon and Northern California to not grow food for human consumption like potatoes and grain.
Not to worry. Mormons coming to grab land n irrig water.. and subsume oregon & cali into idaho-utah.
Plus wash state then will fall
Mormobs had mark lamb in ariz who helped sell out ariz? And wallah.
In 2 to 3 yrs..
Mormons will have from rockies west to Pacific. Salmon? Onions potatoes avocados, wash orchards.
Sea ports, shipping lanes, ship companies ocean fisheries.
ALL THE PACIFIC PORTS...
We are in the next great depression and they replaced the soup lines with EBT cards I saw people during the pandemic in lines at work at the grocery store stretched out now it's worse people back then like now if they had prepared for it wouldn't of been hit as hard but now this time around it's going to worse than the great depression the federal reserve is trying to hold on things we are in the starting of a inflationary depression it's bad and not getting better most don't see it
We are about to find out...
Our Aunt wz 74 when I wz a boy in western Canada
She said; one thing that saved the farmer & families wz having the farm animals eat along the Hwy.
Spring /Summer in hungry 30's took alot of sharing w/ neighbors to survive💥
I fear we are very close I see homeless walking streets all nite, no where to go🔥💯
It's not gonna be called "the great depression" soon..WW1 used to be called "the great war".
You 're Wasn't WW2 called "The war to end all wars"?
@@katiedrew4708 That would be WW1. That was "The Great War" and "The war to end all wars".
@@DeNihility Thanks, I'm sure I "knew" that, too much going on.
Huh. Ww2 never ended. 🤷♂️
You're: The War to end all wars, that didn't happen! My father served in WW2.
My parents told me what it was like and also during WWII.
Worry not, we'll all find out soon enough
PS as for the shanty towns, they called blue tent towns now they’re everywhere! Remember, if you ignore history repeats itself!
The difference between the 1930s tent towns and today is that the ones in the Depression were populated by people who had lost their jobs,including many,many families with kids.Drug addiction did exist,but mainly among older sick people,not young people who had to help their families.Mentally ill people were sent to hospitals that stayed open despite the depression.Residents of the tent cities kept them,and themselves,as clean as possible,and enforced their own law and order.Troublemakers were made to shape up or ship out;if you couldn't live in a community you hit the road.People still had a respect for others' humanity that doesn't exist today.This time it'll be Mad Max instead of Grapes of Wrath.
Im going to stock up water,rice and beans and hopefully can grown my own small garden this world is looking scary r.n it’s too much going on I feel like we will have to experience this.
Don’t forget oil
We will see soon .
I think we are about to find out how tough living through a depression actually will be. Thanks to obinden. 😢
This started with the FED in 1913. Can’t just blame obiden.
@@georgedoughty-zr3ed no,
There's soros, and all of the we. They are scared to death if Trump cleans the swamp.
Senator Biden is competent to lead us
@@jamesrecknor6752 😂👍
We are about to find out.
Rich people suffered during the depression Poor people it was no problem they were Used to being poor just another day
That was me in 2008. The wealthy neighbor nest door lost most of his wealth.
My grandfather was a very wealthy contractor but lost most of it in the Depression. He still was able to survive well enough though.
Yes I do , many don't. They think I'm crazy when I tell them what could be coming.