The Great Depression
I’m now in my late forties, I’m getting old. It’s hard to realize this because I think more about the crisis that we’ve been in since black Tuesday than the wrinkles on my skin. Its officially been two years after Black Tuesday, two years after everyone’s lives changed, two years after an era began; the era of the Great Depression. I remember complaining all the time that the shop didn’t give me all the money I desired; but like the saying says you never know what you have until you lose it. It was so hard when my shop closed, when my home was taken away, and when my family cried them to sleep every night.
The things is, the reason all this happened was because of overproduction and because people bought their stocks on margin and on credit. I myself have random flashbacks. Flashbacks of mobs of people yelling outside the banks. It was devastating seeing the people lose their life savings. In just one year, about eight hundred banks failed. Nine million banks accounts failed, that’s nine million devastated families. There was a lot of crime and a lot of violence. Grocery stores and banks were robbed. People hung lawyers for foreclosing on payments. Mostly the soldiers from the war that didn’t receive the reward they were promised.
Of course Hoover didn’t do much to help us. He thought that helping us would just make things worse and that we’d end up relying on the government. He also strongly believed that the nation could get through the difficult times if we took his advice. Truth is no one liked him; we even began to name things after him. Later on he went against Franklin D. Roosevelt for election and Hoover lost. No surprise there to be honest.
I’m just really hoping that all this comes to end soon. Depression leads to no good.
Jesus take the wheel.
CD Daniels
I’m now in my late forties, I’m getting old. It’s hard to realize this because I think more about the crisis that we’ve been in since black Tuesday than the wrinkles on my skin. Its officially been two years after Black Tuesday, two years after everyone’s lives changed, two years after an era began; the era of the Great Depression. I remember complaining all the time that the shop didn’t give me all the money I desired; but like the saying says you never know what you have until you lose it. It was so hard when my shop closed, when my home was taken away, and when my family cried them to sleep every night.
The things is, the reason all this happened was because of overproduction and because people bought their stocks on margin and on credit. I myself have random flashbacks. Flashbacks of mobs of people yelling outside the banks. It was devastating seeing the people lose their life savings. In just one year, about eight hundred banks failed. Nine million banks accounts failed, that’s nine million devastated families. There was a lot of crime and a lot of violence. Grocery stores and banks were robbed. People hung lawyers for foreclosing on payments. Mostly the soldiers from the war that didn’t receive the reward they were promised.
Of course Hoover didn’t do much to help us. He thought that helping us would just make things worse and that we’d end up relying on the government. He also strongly believed that the nation could get through the difficult times if we took his advice. Truth is no one liked him; we even began to name things after him. Later on he went against Franklin D. Roosevelt for election and Hoover lost. No surprise there to be honest.
I’m just really hoping that all this comes to end soon. Depression leads to no good.
Jesus take the wheel.
CD Daniels