LeftistLawyer,
@LeftistLawyer@kolektiva.social avatar

@trabex Few people really understand the cause of the Great Depression. It was kicked off by a spike in coal prices, wherein the cost of extracting it became more than it was worth.

Oil hadn't come on line yet. We had a war that killed over 60 million people. Then, oil came on line domestically after we figured out how to fuel our militaries with it. Boom times for a while. The boom is obviously over.

There's nothing waiting in the wings to replace it.

Good times.

  • All
  • Subscribed
  • Moderated
  • Favorites
  • Economics
  • ngwrru68w68
  • rosin
  • GTA5RPClips
  • osvaldo12
  • love
  • Youngstown
  • slotface
  • khanakhh
  • everett
  • kavyap
  • mdbf
  • DreamBathrooms
  • thenastyranch
  • magazineikmin
  • megavids
  • InstantRegret
  • normalnudes
  • tacticalgear
  • cubers
  • ethstaker
  • modclub
  • cisconetworking
  • Durango
  • anitta
  • Leos
  • tester
  • provamag3
  • JUstTest
  • All magazines