dermesc has it down pretty well. A good source of info is "The Forgotten Man" by amity Shlaes. The biggest thing that made the depression last so long was FDR screwing with things. In '35-'37 he torpedoed the recovery by forcing business to hire rather than reinvest in the business by taking care of bills, getting tooling, the infrastructure. He screwed the whole world up by, GET THIS, setting the price of gold at his whim!
I get so mad about this I lose it. Read up on it. FDR was no hero.
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Today's Featured Article - Show Coverage: The Old Gold National Antique Tractor Show - by Cindy Ladage. Over the fourth of July weekend, the Illinois State Fairgrounds in Springfield, Illinois, was the site of the Old Gold National Antique Tractor Show. Tractors of all makes and models were displayed and separted into categories by their age. Deere, Oliver and even a Wards and Keck Gonerman were part of the crowd. A sea of red International Harvester's seemed to be the the model with the biggest showing. The crowd was decent for the scorching July heat. The opening day started o
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