In 1931 the crisis that started in the United States became a truly world Depression.
I've been re-reading Charles Kindleberger's The World In Depression 1929-1939.
In 1936, when Britain and much of the rest of the world was in depression, Mr Smythe joined the army in desperation.
ECONOMIST: Reg Smythe, creator of Andy Capp, died on June 13th, aged 80
This approach helped prevent a new world war and depression, but it did not succeed exactly as Wilson, Roosevelt, or Truman initially envisaged.
The bears too have been surprised by the system's resilience, but they still see a large remaining financial bubble which they fear may burst, possibly plunging America and the world into a depression similar to that of the 1930s, or at least of the past decade in Japan.
They wanted to break loose of the deprivations of the Great Depression and World War II.
And, ultimately, what really pulled America out of the Great Depression was World War II.
WHITEHOUSE: President Obama Speaks to Town Hall Meeting at University of Maryland | The White House
With the current top rate at 35%, this would be the largest rate increase outside the Great Depression or world wars.
WSJ: A Reckless Congress: Health-care bill to impose new taxes, welfare state
Monday marks the 83rd anniversary of the onset of the worst economic collapse in the history of the modern world: the Great Depression.
FORBES: On Its 83rd Anniversary, Lessons From The Great Depression
My worry is that Americans who lived through the devastations of the past -- the Depression and World War II -- are dying off.
Ohga even compared Hashimoto to Herbert Hoover, the American president who helped bring his country and the world into the Great Depression of the 1930s.
And together, we saved the world economy from a depression.
WHITEHOUSE: President Obama Speaks to the Australian Parliament
As other countries copied the British model, a new era of globalisation began to emerge, which was interrupted in the 20th century by two world wars and a depression.
Then came the Great Depression and World War II, followed by lack of funds that stopped the project after several stretches of tunnel with tracks were built in the 1970s.
For another, the number of people retiring from 1990 through the rest of the century will be held down by the low birth rates of the Depression and World War II years.
Boston collector Fred Sharf collects 1950s "high style" pieces designed by Van Cleef, but he's lately started buying "retro" pieces that were made with "ordinary stones" like citrine during the Depression and World War II.
The World Bank and the International Monetary Fund were created at the conference at Bretton Woods in 1944 as a means to regulate trade between nations in the aftermath of the Great Depression and World War II.
It's never wise to generalize, yet it is safe to say that, as a group, the men and women who endured the Depression and World War II played it straight when it came to putting their trust in financial institutions.
Obama used the life of 106-year-old Ann Nixon Cooper of Atlanta, Georgia, to illustrate what the nation has overcome in her lifetime, including the Depression, world wars, the nation's quest for civil rights, a man on the moon, the fall of the Berlin Wall and even a world connected by technology.
Looking at those yields, a rational person would conclude the entire world must be in a Depression.
Finally, globalisation went into reverse as the first world war and the Great Depression pushed governments further towards autarky.
Unions strongly fought immigration until the 1930s, when the Depression and then World War II stifled the issue for a while.
The WHO points out that in the developing world nearly 95m people with depression and more than 25m with epilepsy receive no treatment or care.
Abrahamson perhaps unwittingly revealed for all readers just how foolish was and is the widely held belief that the 2nd World War ended the Great Depression.
FORBES: Howard F. Ahmanson, And the Rise of Los Angeles As a Global Economic Powerhouse
The Great Depression and two World Wars shook the continent to its core, and rapid industrialisation and urbanisation saw the need for space in cities at a premium.
Justice Holmes lived through World War I and the depression.
The steadily eroding situation in Japan has some economic experts warning of a financial crisis that would dwarf 1997's problems in Thailand and drag the world's economies into depression.
But it is not too late, and we should all hope that China understands the determination of the Israelis, and their willingness to possibly plunge the world into war and another Depression.
If the economies of America or Europe were now to take a sudden lurch downwards, the world might easily experience outright depression, with prices and output falling together, just as they did 70 years ago.
应用推荐