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#greatdepression

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💞✍️💞 FOR YOUR READING PLEASURE! 💞✍️💞

Click through for a nifty little slide show video I put together just for you - it has glitches but go easy on me, it's my first one. 😊

Also there's a link about Nobel Laureate Geoffrey Hinton, and his prognosis for AI - some good, some scary.

Lastly, my plea for your financial support, sorely needed. 🙏♥️

👉👉👉 CLICK HERE! 👉👉👉 mailchi.mp/af647449c7f3/the-co.

Economic ‘Miracle?’ Yup, but not the way we expected!

Hannah Erin Lang of the Wall Street Journal reported that “the #Trump rout is taking on historic dimensions.”

She noted that the Dow Jones Industrial Average “is headed for its worst April performance since 1932,” when the country was in the midst of the #GreatDepression.

Scott Ladner, chief investment officer at Horizon Investments, told Lang: “It’s impossible to commit capital to an economy that is unstable and unknowable because of policy structure.”

#recession #Depression #stockmarket #economy
heathercoxrichardson.substack.

Today in Labor History April 14, 1935: The Black Sunday dust storm swept across the Oklahoma and Texas panhandles. This was one of the worst storms of the Dust Bowl. 4 years later, on this same date, John Steinbeck published his classic working-class novel, The Grapes of Wrath, about Dust Bowl refugees in California.

#workingclass #LaborHistory #dustbowl #GreatDepression #JohnSteinbeck #GrapesOfWrath #refugees #poverty #fiction #books #author #writer #Oklahoma #texas @bookstadon

Wall Street thinks Trump's tariffs will eat Main Street alive

“It’s hard to think of any occasion when America dealt itself such a self-inflicted economic wound.

Silver Bulletin wasn’t around for the Smoot-Hawley tariffs of 1930, which helped to catalyze the #GreatDepression. But the tariffs that President #Trump announced just after markets closed on Wednesday, which triggered the fifth-largest point drop in the history of the Dow Jones Industrial Average on Thursday — with further massive losses underway today — are bigger than #SmootHawley.”

natesilver.net/p/wall-street-t