Sunday, November 30, 2008

the great depression 2009

After reading "the coming great depression 2008/2009" I learned alot about the great depression in the 1920s and why some people think that American is falling into another great depression now. Some of the causes of the depression in 1920s were unequal distribution of wealth and the poor stock market. Today in America the stock market has had many problems which is the main reason why people think there will be another depression. I do not think there will be another depression because i think the country is prepared and now knows how to deal with an ecomonic crisis...or at least i hope so.