It was The Depression. What was actually happening was, The Depression was killing these companies; they weren't making any money, but they didn't want to cut their dividends because they were afraid that if they cut the dividend people would be upset.

当时正处于大萧条时期,大萧条将这些公司逼上了绝路,他们赚不到钱,但是又不想降低股利,因为他们担心,一旦降低股利,人们就会不安

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