The Watchdog on WallstreetThe Watchdog on Wallstreet

The Depression Nobody Remembers

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The Depression of 1920–21 was a brutal economic contraction, but the downturn was relatively short-lived. Chris argues its history offers a lesson for today: recessions can clear out bad investments, and government attempts to prevent every failure may ultimately do more harm than good.
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The Watchdog on Wallstreet

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