How The Great Depression Sent Shockwaves Around The World | Impossible Peace | Real History
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- Опубликовано: 1 мар 2024
- The cataclysmic disaster that was the great depression of 1929 would cause chaos around the world for the best part of a decade. The powerhouse that was the American economy was the saving grace of most of the world after WW1. This however, would also serve to be it's undoing.
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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?
Colleen Rose Mccaffery’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. 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.
And here we go again 100 years later.
Zoooooom
My great grandmother was a survivor of the Great Depression of 1929-42. Her mother died in the 30's from illness/unable to afford medicine, and her daughter worked two jobs afterwards to survive and avoid the same fate as other Depression survivors. Jobs for the unemployed in America alone during the 30's got better when the New Deals program was signed, but my great grandma kept her two jobs after that because of the war rationing when America entered World War 2 in 1941, and she saw the warning signs of the war that was coming before then. I learned all this after my great grandma died at the age of 88 when I was only 12 in 2002, and she survived worse than the depression from the war and the Cold War after that in her life. I didn't understand when I was a child, but I'm old enough today to know how ignorant the current generation of society is about a part of our history in this documentary.
This is the sort of History that should be taught in schools, at earliest plausible level, as REAL HISTORY.
The education system isn't designed to educate, its designed to create workers.
Won't do no good ..
Human greed is the snake eating its own tail
That is a very profound symbol. I never thought of that. Thank you.
Absolutely 😢😢
It’s so so true!
Don't thank me, thank the UK punk band Crass, Steve ignorant, penny rimbaud, et al
Those who learn history are forced to watch everyone else to repeat it.
How sad but how true!
Yessir. The democrats are fascists trying to jail their political opponents, rigging elections and releasing biological weapons on their own citizens
@christinasuozzo If it walks like a duck quacks like a duck then there's a very good chance it's a duck!!!!!.
Those who do not learn from history and doomed to repeat it. Sadly here we go, AGAIN
And it's going to keep going we can never escape it
@cardedmaster5393 if there's another world war the cycle will end pretty quickly, that much is assured
Yep😢😢
When the economy burns down this time millions will die because of violence.
We are an uncivilized people and we all basically hate each other.
Agreed. Hope y'all are buying silver and gold.
37:45 What both differentiates, and imo scares me about the comparison between then and now is the hyper-connectivity of communications and the lack of care for truth.
Amen sister.
What is truth? - asked Pontius Pilate
@@user-dm9bp2hg2g For most people, there is an objective truth as well as a personal one, which reflects their own unique circumstances and the reality of that. Perhaps this is different for murderers.
Pilate like most people
Today - asked that question sarcastically!
Well, we're connected. Now let's argue.
I learned this history from my grandparents back then.And it's still going on and gets what i'm still alive
Abandoning the gold/silver standards guarantees the ever-increasing worthlessness of currency.
There are so many similarities with the current world that is scary. Crazy valuations in the US, extreme right rising in many countries, egoism, extreme rich and extreme poor people, agressivity, very high debt levels in many countries... How can people be so stupid and repeat this right now? Be prepared, what's coming could be nasty.
"In 1929 the Red Army had 90 tanks. Four years later it had 4,700."
My German grandparents were going through this as they both started to fall in love. 1930’s looked very hard to live in the country of Germany. I didn’t know what life was like for them when they were in their 20’s age.
1923 inflation started it, America pulling their money out in 29, so tht Germany cud pay reperations to Britain’s for ww1, in turn so Britain cud pay American back their ww1 loans😂
Stupid decisions, stacked on stupid decisions led to a sliver of rope/ hope to save Germany from bankruptcy for those 6 yrs
The main reason Hitler got in, everyone saw how “so-called” Jewish American Bankers had caused Germany’s social/ economic troubles after ww1.
In turn they wanted everything bought in Germany, to be made in Germany.
Great ideas but expensive, just like why China builds everything today😅
Most western countries have free speech, striking power, have unions, etc.
China not so much😂 so pay is shite, but products are cheap.
“Blame Clause” in Treaty of Versailles didnt help the citizens’ thoughts, that Germany was sole responsible for ww1😢
Mine too Gotlieb and Hilda Huether they came to America with there family which included my Mother after WW2 I loved them both dearly and miss them !
My parents arrived to Los Angeles, my father earning $1.25hr washing dishes, worked his way up to chef status, only completed up to 6th grade in Mexico 🇲🇽, was able to purchase to homes in Pasadena Highland park California, retire from California Institute of technology and Jonathan club, married 50yrs no divorce. He still Alive healthy at 81. Ladies and gentlemen! Stop going out and blowing cash 💸 ! Work your asses off! 7 days for 20yrs straight. Enjoy life after.
@lianefehrle9921
Well,
They would eat suasages & sourkraut.
Your grandparents would smash, your grandfather would 🌰🥖💦 on your Grandmother's face.
Or right in her left eye, they would laugh.
@ericwitt4586
Well, at this time...garanteed Gottlieb was busting huge 🌰s on hildas face.
Hilda rode too,legend has it... she could make Gottliebs toes curl.
Back then that was birth control.
What do you have when you have two slices of bread and nothing to put between them?
A Hoover sandwich.
What do you call newspaper stuffed into people's clothes to keep them warm?
A Hoover blanket.
What do you call a soup made of beans, pasta, potatoes, carrots and if you were lucky hotdogs?
A Hovver stew.
What do you call a shanty town made up of cardboard and tar paper huts?
A Hooverville.
I read about it in HS and College.
So much happened before he even became president, though. He gets so much blame when really there’s a lot to go around.
With the proof of history repeating, why do we keep making the same stupid decisions!? 🥺🥺
Our government over spends, sends billions to aid wars overseas, taxes us 10 different ways to sundown and only they get richer and richer !
Greed?
Because so many people are ignorant of history! Blame the education system..🤷🏻♂️
Willful amnesia
@@tomtout6070 greed and everybody wants to be a dictator!
I love your channel. I’m learning everything I should have been taught in my American public school 40 years ago. Bravo. 👏🏼
You weren't paying attention in history class. We studied all of this in detail.
@@DavidWilliams-qr5yjMaybe your school taught you but my school did not. I’m happy to have this channel.
On a local level, many people formed cooperatives during this time period to survive. Cooperatives take out the profit motive and replace it with... cooperation. Everyone is a stakeholder.
That's what socialism is. Too bad more people don't understand this.
@@susanmercurio1060 On the contrary. I know the roots of this may be confusing, but these structures worked within the capitalism structure in many places, including in TX, where I once lived. In fact, our electric company was a co-op, and still is. An overly simplistic view of what these structures are, which also include your local credit unions, is very closed minded. Btw don't call me political names. I'm independent and used to be Republican, when the party was pure and not corrupted.
@@kristinmeyer489 A) WHAT political names?
B) OF COURSE any co-op in the US has to work within a capitalist system because that's what we have!
@@susanmercurio1060 You implied that I am a socialist. Then you told me the thing I already said (that we are in a capitalism structure) as if I hadn't said that. Leave me alone. You just want to pick a fight with someone you think you can find hate easily for. I don't need b.s. No one BUT NARCISSISTS seem to "need" other people to have "drama."
Well said but I’d say the profit motive is replace by survival
Excellent documentary in pulling together all the threads of governments and economies around the world to show the main elements that caused the Depression.
Fail to plan or plan to fail
History of USA summed up perfectly.
You can't plan for anything....your government owns you and they own all your money and all your possessions. They can now legally take everything you have and their is nothing you can do about it.
Well reminded. 👏
Looking back in time we can understand, someone up there loves us, the One who decided to make human specie evolve and thanks God, the world is. ..different...if not depressed in another way. How could we learn from such documentaries fighting back depression and mostly, war disputes that..bring us down... there are those kind of people that feel so worthless if not making our lives a hell torture, let's be careful and stay away from other financial disasters, do not put all the money the same place, either same bank account, neither same stock options, do not bet.. "all in" 😢😢😢do not let bad guys win to screw us the joy of life guys, such situations should never ever happen anymore.. no one 😢😢😢
Thank you
When I see the scenes of people living without "walls" they were basically homeless, minus the drugs and mental illness that are very sadly prevelant on the streets today
We in the US need to form a new Political party of all John Does. There was a film from 1936 entitled MEET JOHN DOE about just that. We the ordinary citizens
The Manchurian bomb is same as Golf of Tonkin incident
Both probally madeup.
Hardly. Not even remotely equivalent.
Golf 😂
The perfect storm
Absolutely top👌
This is superb historical documentary but it doesn't get below the surface and talk about the crime families that manipulated the economy.
Many people living in rural America weren't affected by the depression. Their poverty never changed. Others have told me it was their best decade because although wages were low, so were prices. My grandfather always said he'd rather butter cost one dollar and have the dollar to pay for it, than have it cost one cent and not have the penny. So, pick your poison. It depends how you're positioned both geographical and economical as to how you'll be able to survive. Remember, the Empire State building was built in the thirties, as well as the Grand Coulee dam, just to name a couple.
I like the artwork of this film.
20:38 wow
I love doing a degree in economic history. I think some of the best institutions where you can get decent postgraduate training are the LSE and the University of Uppsala.
I know of men who talked about this, one said he called it % wind blew end ways, meaning all plumes including # influencea , shoes sealed
If I lived back then I would invest in hats & chuck Taylor's lol😅
Life is a comedy with tragic relief.
Peter O’Toole .
😊😊😊😊😊😊 Thank you very much for the information. 😊😊😊😊😊😊😊😊😊
And the biggest problem is that too many think they have more of a problem now because the past doesn’t’ matter to most! The Depression lasted for 10 years while people today have a problem with mild inflation or recession that are child’s play in comparison to The Great Depression my parents and uncle went through being kids at the time. Mom was born two years after it started after the ‘29 Stock Market Crash.
It's more than probable we are about to experience something even worse.
@@bunsguns8222 nothing like fear mongering. Right now the Market is doing pretty good.
A President, like all of us, will make mistakes. But a President must find a way to make good decisions. No excuse for ‘ not knowing what to do’ in perpetuity.
15:16 are we living in the twilight zone
Today the Canadian government announced a "plastics registry"
im greatly depressed
At 4:45 Stalin's right hand got too cold and needed warming up?
Must have been cold that day, I guess?
This seems to be a fairly comon affliction as seen in so many old paintings and photographs.
Will this be used as more proof of climate changing, perhaps?
Neoploianic affliction!!
Climate change 😂😂😂😂😂😂😂😂😂😂😂😂😂😂
When the cab driver advises u on Bitcoin u know it’s time to sell
My grandparents once lived in a ultra poor area of Texas in the early 1900's. One time we asked my grandfather how the Great Depression of 1929 had affected his life when it happen. He paused for a moment and after recollecting his thoughts he said, "I don't think it ever made it down here."
My immigrant GG GF James George, who came from Pembrokeshire in 1880 played by the rules and saved a bunch of money for he and my also Welsh GG GM Margaret to live on. Sadly, his savings went up in smoke when his bank closed in late 1929. My grandfather Harold Thomas was infuriated, as it crippled his idol maternal grandfather. This made him a Democrat for life.
What was the employment rate during the Great Depression?
us had 25% unemployment
Germany had 40%….very terrible times everywhere, worst in Germany.
“America hiccuped, Britain caught cold, and Germany nearly died” well known phrase of the times in books 📚
@@jakobquick6875Loved the quotes. Powerful imagery.
From my understanding, it was around 25% but there was also underemployment.
Even the people who had jobs were going hungry as the pay was extremely low.
My father who was about high school age when it started said that the people who did have jobs worked part time, rented out an extra room for income. My mother 's family moved in with their parents who had a farm. USA
Hate did not exploded out of nowhere! It has even here since the beginning of creation read the story about Cain and Able! It came with sin!
My mom was born in 1930.
I mix tobacco in my weed.
Crazy one culture
I’m so confused, so the tariffs bill and it being hot caused the Great Depression?
Greed
bet the ppl who lived through it did not think it was great.
I assume that the narrator is Jeremy Irons? Wish they would include that in the description.
The one and only.
I'm good with faces and voices usually. I guess it panned out.@@greggutierrez6997
Boss! Uncle Scar!😂😂😂😂 I can hear "Simba, it's to die for!"
Working hard wont pay off anymore..many will have to lower their standard of living.
Just to keep going .
Hoovervilles
the edits are 🔥
too many false info commercials.. didn't finish this documentary
Sad. I only had one , and was able to skip it.
Maybe try again.
Ive never seen one
If you start a video, stage it to almost the end, let it play until finished then hit the replay, there won’t be commercials.
Use an ad blocker. I never get ads on RUclips--even on the movies that say they are free with ads.
@@freedomspromise8519 I have Premium now but before I did I used this method successfully
A.I. could easily do this again and it could literally be overnight.
😂 😂😂
Remember Y2K, when the world was going to end when clocks hit the year 2000?…..
"My head won't work,"are you kidding me?
Power is always lusted after. It doesn't just fall into the wrong hands because no one is paying attention.
Joe Biden?
Will we never learn 2:52
That's what you get when you LAIZE FARE
...el hombre es el unico animal que comete el mismo error dos veces...😔
Sounds like "Disco Elysium"
Korea, Manchuria, and an attempt at Russia first, before the jewel of China, as their strategy, imo.
Should history repeats itself by 2030, it will catch us all by surprise. No rehersals. So why not grow your own veg & salad. Stop spending your money on rubbish. And if it doesn't happen, you saved yourself a few pounds.
2024 hear we go again WW3 we are bloody fools for not learning the lessons .
I hope all your people in the United States realize this is getting ready to happen again and it’s right around the corner
Really how?
@@deebrown7160Trump did last time and will do it again. Tariffs and start a trade war. STOOOOOPID
lol….. ok.
😂😂😂 Americans and America will be fine. We’ve been through tuff times before, and we’re still the richest, most powerful nation on the planet.
You sound jealous.
1929 all over again
2024 is going to be far more bloody than 1929.
What is the opposite of depression.?
I see a lot of Joe Biden in Ramsey MacDonald. Scary times people!
so we can blame the Frenchies for all of the trouble of 1914 to 1984, nice
There is a thought, some of those Soviet tanks in this film, are the very same tanks Putin is using today. It's comical at best.
All there good stuff the world hasnt seen yet.its reserved for NATO.give it time
Will it be comical when those same tanks, roll on into Poland?
@@KrisCorby-iv8dg it will be even more comical when NATO actually admits we have boots on the ground and Poland will be okay.
i'm sorry, did they say "two thousand three hundred million dollars"? do you mean.... 2.3 billion??
THIS IS WHY WE NEED TRUNP BACK IN OFFICE GOD BLESS AMERICA AND ISRAEL 🇮🇱
Rothchild ? 😢
At the 12:30 mark. A mouse scurried across my floor . The smell of farts wafted in, and I began to itch. It was my cue to turn off this propaganda anti German hit piece.
So being a flapper meant looking good while exercising.
Add the fact that many companies became rich due to wars
present tense - become rich. still happens
Comment for the algorithm
The great depression 2.0 have arrived. 2024 is the new 1929.
Says You, Trumpanzee. 🐒
I'm afraid you're right.
It’s already arrived?? Where? What depression? When will the rest of us be able to see it? It’s crazy that it’s already here and yet no one has lost their jobs yet.
@@willbe5994 Your in a lot of denial.
@@walkerhaw5468 😂😂 the current unemployment rate is 3.8%
Also read demonic Protocols of Zion.
Kevin Phoenix ✝️ 😮
This painfully slow paced documentary about the great depression is causing me great depression. 2X still isn't fast enough 😫
Oh the agony!! The dispair!!! 😢😢
I will Lead the Government of Canada, Period..
#IlocanoFilippinoforpresident
Uncanny how many countries had America's number. And how little politics has changed when the same mistakes where made by the last administration
No, great depression 2.0 will hit 2025 or 2026.
Only if Biden is re-elected.
🤔👍
Ww3 soon 2nd greater depression its very obvious now, unfortunately lots of people sheep 🐑 still blind living in fantasy world
If there's a 3rd world war no one will be alive for a recession after
Tax rich ⁰90% end welfare n unemployment simultaneously creating with those monies a permanent works progress administration rebuilding our infrastructure electric and water sewer bridges and roads. Take 25 cents an hour from all WPA employees to keep the program going. Tax rich 90, % create industries via co-ops
Sounds like sleepy joeq
Donald Trump is following the playbook as are a number of our leaders which will not turn out well.
So today the bulk of the American electorate are willing to,elect another despo😅who will dismantle the democratic system to ensure that he is enligned with other world dictators .
8:55 BIDEN 😅
Hover was a republican. He signed the bill!
Sounds like Biden
Aids
Artificially created great depression. A way to sell out the masses to the corporation.
Joe Biden's America
Unwatchable. Too many ads.
Bidenvilles
Biden.
Congress!!
Obama HILLARY bush operah judges bill gate CNN google & lawyars
@@KrisCorby-iv8dg Democrat Congress
Trumps fault
Dumb...
Trump has single-handley ruin USA and that's facts
And now, Putin has become Stalin 2.0 ☠️
Fake left wing bias😂🤣
Joe Biden 8:50