http://mikecandoit.com/fun/clever-explanation-of-economic-theories/ A Portland Real Estate Blog Tue, 31 Aug 2010 05:11:00 +0000 hourly 1 http://wordpress.org/?v=3.0.1 http://mikecandoit.com/fun/clever-explanation-of-economic-theories/comment-page-1/#comment-794 Scott Thu, 11 Feb 2010 15:11:19 +0000 http://mikecandoit.com/?p=1323#comment-794 Interesting that someone took the time to make a video about these two guys. Here's something else to look up. Everyone talks about the great depression after the stockmarket crash of 1929 because it gets a lot of attention and lasted for probably longer then it should have but that's debateable. Go look up the recession of 1920-21 and study how our country was so quickly able to jump out of that downturn and make things right again. You have in it a case where unemployment was up over 11% and in the matter of a handful of years it had dropped to below 2%, pretty interesting how that works if you ask me. Interesting that someone took the time to make a video about these two guys. Here's something else to look up. Everyone talks about the great depression after the stockmarket crash of 1929 because it gets a lot of attention and lasted for probably longer then it should have but that's debateable. Go look up the recession of 1920-21 and study how our country was so quickly able to jump out of that downturn and make things right again. You have in it a case where unemployment was up over 11% and in the matter of a handful of years it had dropped to below 2%, pretty interesting how that works if you ask me.

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