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morri
4/17/09 |
What were some of the causes of the Great Depression?
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Blogengeezer
8/9/09 |
Until 1935 there were no restrictions on borrowing far more than tangible assets value (debt ratio). The huge loans were based on projected future earnings. A similar scenario again returned into vogue in the late 1990's with the Carter administrations long dormant 'Community Re-investment Act' being given 'power of enforcement' by the Clinton administrations Congress.
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bulldog1
4/17/09 |
Structural failures, such as bank failures and stock market crashes, are among the major causes of the Great Depression.
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cyclotreker
4/17/09 |
Some economists point to Britain's adherence to the Gold Standard after WW I as one of the causes of the Great Depression.
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ChrishTiyan
9/27/09 |
Its about losing the one we love. listen to christian music and get your life back.I am very happy to know that a modern prophet Kim Clement had made prophetic music. It brings me to life hearing his prophetic words and it touches me so much. I just bought one of his prophetic books, and believe me, very word that he said is carrying great weight to appreciate life.make your life meaningful too.
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