Don't Get Depressed, It's Not 1929
The world of 1929–33 was one that lacked shock absorbers, like Social Security and deposit insurance, to insulate people from economic disaster. In the 1930s, some of the world's largest economies—Germany, the Soviet Union, Japan and Italy—were run by leaders hostile to the very notion of market capitalism. Today, U.S.-style market capitalism is under assault from self-inflicted wounds, and Germany, Italy and Japan (Russia, not so much) are working ... Full Story »
Posted by Kaizar Campwala
