10/12/09 Stockholm, Sweden – Daily Reckoning contributor, New York Times bestselling author, and economic historian Tom Woods explains how there was nearly a Depression in 1920… but, it never happened because the government didn’t interfere.
A few highlights according to The Money Game…
“* The first year of the 1920 Depression was worse than that of 1929. Conditions were horrible.
* Yet due to President Woodrow Wilson’s stroke near the end of his term, very little was done by the government to stop the economic decline.
* By the summer of 1921, recovery was on the way.”
Watch the video below.
Rocky Vega
Rocky Vega is publisher of Agora Financial International, where he advances the growth of Agora Financial publishing enterprises outside of the US. Previously, he was publisher of The Daily Reckoning, and founding publisher of both UrbanTurf and RFID Update -- which he ran from Brazil, Chile, and Puerto Rico -- as well as associate publisher of FierceFinance. Rocky has an honors MS from the Stockholm School of Economics and an honors BA from Harvard University, where he served on the board of directors for Let’s Go Publications, Harvard Student Agencies, and The Harvard Advocate.
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