A lot of people, maybe even a majority, find the idea of a two-decade long depression too far-fetched to take seriously. Something like that could never, ever happen. Could it? The problem is most everyone's idea of what a depression is needs to be corrected - another huge piece left missing by Economics. What is a depression? Way too familiar.
Eurodollar University's Make It Make Cents
NBER Cycle Dates
https://www.nber.org/research/data/us-business-cycle-expansions-and-contractions
NYT Sept 19, 1873
https://timesmachine.nytimes.com/timesmachine/1873/09/19/issue.html
David A. Wells The Economic Disturbances Since 1873
https://en.wikisource.org/wiki/Popular_Science_Monthly/Volume_31/July_1887/The_Economic_Disturbances_Since_1873_I
Henry George Causes of Business Depression
https://bibliotek1.dk/english/by-henry-george/articles-and-speeches/causes-of-business-depression
JM Keynes A Tract on Monetary Reform
https://ia902905.us.archive.org/35/items/tractonmonetaryr0000keyn/tractonmonetaryr0000keyn.pdf
https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU
What is Eurodollar University?
Jeff Snider will guide you through the realm of monetary science. Multiple episodes uploaded each week, discussing big news and key current events, the state of markets and what they are telling you, as well as historical summaries and deep background material so that you can understand what’s really going on in this eurodollar’s world.