#great depression

If you had asked people in 1929, 'Here is what is about to happen. How much would you pay to avoid the Great Depression from occurring?' The answer is they would have paid a lot. They would have borrowed money if it could be used to prevent the Great Depression. ↗

— Austan Goolsbee

#answer #asked #avoid #borrowed #could

Men and women whose early youth was shaped in the ordeal of the Great Depression showed the values formed in that crucible when tyranny threatened a world. ↗

— Steve Buyer

#depression #early #formed #great #great depression

From a generation that came of age during the Great Depression, millions of our country's best and bravest took up arms in a worldwide struggle against tyranny. ↗

— Steve Buyer

#age #arms #best #bravest #came

But through world wars and a Great Depression, through painful social upheaval and a Cold War, and now through the attacks of September 11, 2001, our Nation has indeed survived. ↗

— Nick Rahall

#cold #cold war #depression #great #great depression

Importantly, in the 1930s, in the Great Depression, the Federal Reserve, despite its mandate, was quite passive and, as a result, financial crisis became very severe, lasted essentially from 1929 to 1933. ↗

— Ben Bernanke

#crisis #depression #despite #essentially #federal

Facts are facts: No president since Franklin Delano Roosevelt in the Great Depression inherited a worse economy, bigger job losses or deeper problems from his predecessor. But President Obama is moving America forward, not back. ↗

— Martin O'Malley

#back #bigger #deeper #delano #depression

We were growing up in West Virginia. Everybody was poor there in the southern part of the state. It was like growing up in the Great Depression from the stories I hear people tell. Everybody was poor and so we didn't know that we were any different from anybody else. ↗

— James Green Somerville

#anybody #depression #different #else #everybody

The miserable failures of capitalist economies in the Great Depression were root causes of worldwide social and political disasters. ↗

— James Tobin

#causes #depression #disasters #economies #failures

Indeed, the FHA was born out of the Great Depression, which was also caused in significant part by a foreclosure crisis. Mortgages in the early 1930s were mostly three- to five-year 'bullet' loans, which did not amortize and were due in full at maturity. ↗

— Mark Zandi

#born #bullet #caused #crisis #depression

World War II ended the Great Depression with one of the great public-private industrial collaborations in the history of man. ↗

— Jon Meacham

#depression #ended #great #great depression #history