Tag: the great depression
It is taking the scale of a horrific pandemic to expose flaws in the social structure that should have been corrected earlier. The lack of a safety net has been unnecessarily ruinous, both in terms of health care and economically. For a society and its people to be truly resilient, resources must be available for everyone—the lessons of history are clear. #resilience #coronavirus
If you think things like money or fame lead to health and happiness, think again – and read this. #goodhealth #happiness
The most hated sort [of moneymaking], and with the greatest reason, is usury, which makes a gain out of money itself, and not from the natural use of it. For money was intended to be used in exchange, but not to increase at interest. And this term usury which means the birth of money from money is applied to the breeding of money because the offspring resembles the parent. Wherefore of all modes of making money, this is the most unnatural. – Aristotle
The nation’s most notorious stock market crash in 1929 did not occur as a single fall off a cliff, but started with high points that rounded downward as the market bounced off a lowering ceiling; then it experienced a sharp plunge for about a month, then rallied, and then it experienced the huge crash we’ve heard about all our lives.
