@lyon29mccarthyactive 3 weeks, 5 days ago
The Great-Depression of 1929 devastated the U.S. economy. A third of most banks collapsed. Unemployment rose to 25%, and homelessness climbed. Housing prices plummeted 67 percent, the international trade collapsed by 65 percent, and also deflation soared above 10 percent. It took twenty five years to get its currency markets to recoup.