im not shitting on you if this was your knowledge of things how would you know better, apparently? just horrified
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fwiw the great depression was actually in the US more like two separate recessions causes were polycausal and complex major contributing factors to the long duration of it included repeated bank failures and fucked up contractionary monetary policy
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schwartz and friedman have a good chapter on the history of it in A Monetary History of the United States Bernanke is a noted modern scholar of the Depression incidentally
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this is ~50% correct and most of where its wrong is errors of omission rather than commission which is a good improvement over baseline the problem is that most of this stuff may as well be described as "eldritch forces" without years in macro/finance https://twitter.com/meh262/status/1317897948945141763?s=19 …
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What really?
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I'm no kind of expert, but wasn't the stock market crash an indicator of the early stages of the depression, rather than the cause?
Thanks. Twitter will use this to make your timeline better. UndoUndo
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yeah this is what we were taught in school what was it really caused by?
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a lack of ethics in gaming journalism
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everyone fucking up FDR made it worse then accidentally made it better he had no idea what he was doingpic.twitter.com/UL2w0Yie2l
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