Rob Keeble
Member
- Messages
- 12,633
- Location
- GTA Ontario Canada
When history of the USA was taught in your time at school, did you get taught about the depression of the 1890's specifically what i understand to be the panic of 1893.
Also in your family handed down worldly knowledge related to life experiences was there ever talk of lessons learnt i this regard or mention made of keeping say silver or gold as a back up for family security.
Note this is just curiosity as i try to get some understanding of the past.
I had never heard of this depression only of the more recent one most mentioned in my family that of the 20's / 30's.
What struck me as interesting and fascinating is that around that time railroads were the "thing" being over built and privately financed.
Never occurred to me that railroads would be privately financed given most of my exposure has been to state owned railroad co's even in Europe most were state owned in my early years and only relatively recently (in historical terms) became private entitys post Thatcher era.
So the cycles and patterns of collapse and rise are not new to the landscape in North America.
Unemployment around those times also reached crazy numbers by percentage of the population.
Sent from my MB860 using Tapatalk 2
Also in your family handed down worldly knowledge related to life experiences was there ever talk of lessons learnt i this regard or mention made of keeping say silver or gold as a back up for family security.
Note this is just curiosity as i try to get some understanding of the past.
I had never heard of this depression only of the more recent one most mentioned in my family that of the 20's / 30's.
What struck me as interesting and fascinating is that around that time railroads were the "thing" being over built and privately financed.
Never occurred to me that railroads would be privately financed given most of my exposure has been to state owned railroad co's even in Europe most were state owned in my early years and only relatively recently (in historical terms) became private entitys post Thatcher era.
So the cycles and patterns of collapse and rise are not new to the landscape in North America.
Unemployment around those times also reached crazy numbers by percentage of the population.
Sent from my MB860 using Tapatalk 2