The Great Depression: A Decade of Suffering and Surviving

Рет қаралды 12,800

Күн бұрын

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@geographicstravel 2 ай бұрын

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@theswiv 2 ай бұрын

Good episode. How about one on The Gulf Stream. I hear it's weakening, what has it done for northern Europe and wuat will we miss when its gone?

@PinkyJujubean 2 ай бұрын

I have this great book called Since Yesterday by Frederick Lewis Allen that covers the entire 1930s. The guy who wrote it was a newspaper columnist and editor back then who compiled this book where it goes month by month and discusses all the major news events at the time. It was very eye opening as far as seeing how the depression actually unfolded.

@russelllomando8460 2 ай бұрын

the only thing we learn from history is that we don't learn from history... nice reporting.

@sillyGLOOM 2 ай бұрын

: O

@Jobe00 2 ай бұрын

The Great Depression left mental scars and created a generation of people that would throw nothing away if it could be repaired or used for parts.

@lylecoglianese1645 2 ай бұрын

@Jobe00, those 'mental scars' are what is missing in the present 'use once and discard' society! We have lost our desire and will to actually produce anything of value in this country, well …… very few things of value anyway. 🤔 🇺🇸 🇺🇸 🇺🇸

@MrTexasDan 2 ай бұрын

My parents grew up in the Great Depression. They taught me to value what we had, to work hard, never to waste, and to be generous with our neighbors. Not bad mental scars eh?

@voshadxgathic 2 ай бұрын

Better that than this "design it to break" consumerism mentality. We have to literally fight for the Right to Repair(the movement), our own products we've already purchased. Companies like Apple have made it abundantly clear that they want you dependant upon their easily breakable products, which they can even remotely sabotage with forced software updates(as they were sued for in France and lost), who you then have to go back to to even get a "specialist"(who's usually just an idiot at the genius bar that breaks your device more and tries to sell you a new thing) to "repair" your device with their signature tools that weren't needed to be made special in the first place, and don't actually provide the extra security they claim.

@lylecoglianese1645 2 ай бұрын

@ 👍🏻

@makennacornwall3288 2 ай бұрын

I know it's been said it the media, but it was said directly to me by my mother, that her father, who's childhood was in the 30's, and I, who was in university in 2008, had very similar outlooks on money, and our goals in life. Namely enough to house, feed ourselves, get medical care when needed, and help our friends and family, give to charity. That this is financial security.

@MissyChelle Ай бұрын

My grandmother graduated high school in 1934 and passed away in 1999. Even though she had financial security from the mid 60’s until her death, she never felt like the depression had ended. She’d say it just ebbed and flowed but you should always prepare like it was always ebbing, that one should never fell secure unless they had gold ingots hidden but reachable. Currently I, once again, live where she raised me. Every time we have to make repairs to the plumbing or electricity, a small part of me expects to find old coins or gold hidden away in the wall.

@ignitionfrn2223 2 ай бұрын

1:50 - Chapter 1 - The roaring 20's 3:50 - Mid roll ads 5:20 - Chapter 2 - The 1929 stock market crash 9:35 - Chapter 3 - Hoover, smoot & hawley 12:30 - Chapter 4 - Platitudes of the president 16:20 - Chapter 5 - A new deal for america 21:05 - Chapter 6 - The rise of fascism 22:25 - Chapter 7 - WWI & the decline of unemployment 25:25 - Chapter 8 - How do you known when it's over ? 27:45 - Conclusion

@LadyAdakStillStands 2 ай бұрын

19:26 Oops! The CCC was called "Civilian Conservation Corps", not Climate. They did work along roads, forests, trails and parks. In Washington State, their work is still in place!

@Nita-b1s 25 күн бұрын

My father worked on a CCC team.

@TM-yn4iu 2 ай бұрын

A sad time, I lived thru 2 hard recessions, brutal but humbly retired today. On equality, I remember my parents' banking and all accounts were listed as Mr and Mrs John Doe. The woman wasn't listed and couldn't obtain credit individually in most cases...even 60s. Old white vet., wish all

@keithwaggoner2375 2 ай бұрын

I was lucky to have grandparents and great grandparents still living when i was young and hearing stories about life during these times. i don't remember most of it but i know the distrust of banks cause some of my great grandparents to not really use banks and really did the whole stuff cash in a bed mattress.

@ItsJustLisa 2 ай бұрын

When my mom’s dad died, she and her brothers found some checks that he had stashed. He and his younger brother ran a dairy farm. The checks were from dairies to whom they sold their milk and cream. He died in 1983. Uncle Art died in 1985.

@Mike-kc5ew 2 ай бұрын

The things that supporters of tariffs don't get about tariffs is that: -Other countries can impose them to, in retaliation. -The cost of the tariff is usually passed on to consumers. -Once tariffs are imposed, they very rarely are repelled, which often results in a permanent increase in the cost of goods. Just look at the Trump tariffs from 2018, they are still in place.

@MrTexasDan 2 ай бұрын

That's a rather simplistic (MSNBC) view. If that trading partner (PRC) continues on a path of increasing trade imbalances, tariffs are the necessary and logical outcome. Tariffs tend to set pricing where it belongs among nations, and when parity is reached or exceeded, other sources of goods from other nations or from the tariff nation itself become economically viable. Funds from those tariffs can be used to offset taxes in the tariff nation, as Trump is proposing.

@Mike-kc5ew 2 ай бұрын

@@MrTexasDan I disagree, and it's nothing about liberalism, other than Trump and his followers try to make everything about that. There's a reason why most economists don't like tariffs.

@MrTexasDan 2 ай бұрын

@@Mike-kc5ew "most economists" are also globalists. They are like the 51 top intel officials that signed off on the Hunter Biden laptop being a Russian hoax. If this administration taught us anything, it's a healthy skepticism of "most experts".

@ElementalAngelKashi 2 ай бұрын

it is not learning from history that is the problem, sometimes its just plain greed and disregard for others that lead to events repeating and only in foresight do we see the people to blame.

@MafiaAt2amLIVE 2 ай бұрын

The video is awesome bro I would’ve never knew all this happened during the Great Depression…schools don’t even try to teach us this much

@patriciaposthumus6684 2 ай бұрын

I grew up in the 1980s and in my Jr. year in high school, we had to take American Government and Economics. This was all covered in these classes. The only reason that when we entered into the Great Recession that we didn't end up in another depression was because of the programs that FDR set up in his first 100 days in office. I don't recall hearing in this video, but outside of the Social Security Trust fund for seniors and the disabled being set up, there are a number of programs still used today. Such as welfare, unemployment, and the FDIC, just to name a few. The FDIC guarantees through the federal government that whatever money you put in the bank, you can take it out again. Though the real thing that truly pulled the U.S. out of the depression was World War II. So unless schools are no longer teaching American Government and Economics, then you should have learned this all in high school..

@peterdollins3610 2 ай бұрын

The Great depression might have been ending but not fully until after the opening of the war. Somebody below says health was better in the war than before or after. Same for us in the UK. More bombing though and casualties from the fighting came earlier. The highest death rates were among the Merchant marine sailors.

@resileaf9501 2 ай бұрын

Great video as ever, immensely enjoyable and well-written and narrated! Thanks Eric and James! Are you speaking slower than usual for this video? I noticed longer pauses and a less... frantic reading pace.

@geographicstravel 2 ай бұрын

I try to fit my reading to the tone of the script. I've also been slowly trouble-shooting my audio. Probably won't hear a difference in this one, but the new videos are going to sound a lot better.

@resileaf9501 2 ай бұрын

@@geographicstravel Cool, looking forward to the higher quality audio!

@arrow1414 2 ай бұрын

To be fair Hoover DID NOT order the police and Army to break up the Bonus army settlement. That was General McArthur's doing despite Hoover specifically ordering him NOT to. And Hoover wasn't a heartleds persion. Remember he organized hunger relief in China and Europe after WWI, and even here during the Depression on a volunteer scale. He just had a blind spot in that it wasn't an immediate disaster like a natural one or one caused by war and that the Federal government should not take a leading role. He was wrong, but not because he didn't care. BTW, the Nazis never had a majority in the German Parliament, but they were the largest party.

@jemkey6930 2 ай бұрын

As a teenager that has grown up in a financially challenging situation, her whole life. I can quote a famous song " We were so poor that we couldn't tell". I believe that a recession, depression is always a possibility. But the constant fluctuations of cost of living, interest rates, taxable income, gross domestic whatever is the real problem.

@camdenharper7244 2 ай бұрын

My dad was born in 1924. He was 5/6 when the depression started. He literally grew up in it. Same for my father in law (born December of 23). It was easy to see how it colored their lives, even more than both WWII veterans.

@ernmalleyscrub Ай бұрын

An important part of history, thanks for a valuable discussion.

@Mix1mum 2 ай бұрын

You talk about the Federal Reserve as if it's a part of our government. It's not. It is a private corporation that operates independently of the government. We nominate who's in charge of the fed, as per the agreement made when it was founded and Congress and the people have zero say after that fact. The head of the fed can not be fired by the president. It is an independent private agency. The people that make up the fed use the same money and are Americans like the rest of us, they have the same incentive to not crater the currency (albeit, theyre prob all rich and don't know what a food bank is).

@ItsJustLisa 2 ай бұрын

My maternal grandparents personally benefited from the Rural Electrification Act of 1937. They owned a dairy farm in western Wisconsin with Grandpa’s younger brother. They had houses about 20 yards apart and one big barn. They married in 1929, before the crash, and my uncle was born in 1930. He was about 8 years old when their part of Wisconsin was “electrified”. Until then, they used kerosene lamps in their houses. I have two of those lamps and they can still be used. My mom didn’t come along until 6 weeks after Pearl Harbor and my other uncle didn’t come along until a week or so after VJ Day. I don’t know how much of the gaps between Uncle V, Mom and Uncle C was the Depression and the war or Grandma having miscarriages. Probably some of both.

@Sly_404 2 ай бұрын

Fun fact: The average life expectancy actually rose during the Great Depression by a remarkable 6 years. Some of that can be attributed to medical health care improvements but in parts the reduced food intake also cut back some of the issues we see in current day modern societies.

@camdenharper7244 2 ай бұрын

That's a great fun fact. To add my completely useless and uniformed two cents. I would think that two things that contributed to that was. One, lower birth rates. Thus, lower child mortality. Two, fewer people working means fewer people dying in dangerous jobs, because few dangerous jobs to be had. Again, pure conjecture. I have no numbers or information to back that up. Just an interesting thought I had

@servomoore 2 ай бұрын

That's a false claim to not give credit to New Deal policies which gave millions of Americans better working conditions, retirement benefits which kept the elderly going, improved the home and hearth for many, etc. The idea reduced food intake would be better healthwise is trying to impose obesity epidemic standards on an era where that wasn't a problem at all before cornsyrup was added to so much food.

@rogerpenske2411 2 ай бұрын

And oh, by the way, prohibition also had a lot to do with the Rihs and average lifespan, however, Social Security, collected at age 65, was two years greater than the average lifespan. Let us not forget, that the additional income, tax disguised as Social Security, so that less than half the people eligible, would be dead before they were eligible. Thank you, king Roosevelt.II

@darkwing3713 2 ай бұрын

It's surprising considering the increase in malnutrition and dietary trans fat during that time. I wonder if not working also had something to do with this. There weren't many safety rules back then. And even though some big names like Ford where experimenting with a 5 day week, that was probably not the standard. Probably lots of people were still working 12/6. And then Great Depression hit, and fewer people were working shorter hours.

@darkwing3713 2 ай бұрын

That 23.9% percent unemployment was even worse then it sounds because there were so many single earner households. Probably equivalent to have 40% unemployment today, but with no food banks.

@jerrywinsler6190 2 ай бұрын

The great depression was very good for the top 1%. So good in fact that they keep repeating it. 2007-8 and 2020-present.

@2Burgers_1Pizza 2 ай бұрын

If there's one thing I've learned from recent economic turmoil in my region is that some bridges are best set ablaze, lest some might think it's safe to be on the other side when it's not. This might explain the reasoning behind doubling reserve requirements by the Federal Reserve in '37. This was their way of creating scarcity, which was bracing the US economy for the feared conflict in EU.

@SamBroadway Ай бұрын

Is the Eddie Munster haircut part of your Halloween costuming lol

@theswiv 2 ай бұрын

Good episode. How about one on The Gulf Stream. I hear it's weakening, what has it done for northern Europe and wuat will we miss when its gone?

@quintuscrinis 2 ай бұрын

The irony of advertising buy now, pay later option for the sponsor of a video about the Great Depression. 😅🤣😭

@kban77 2 ай бұрын

Tarrifs making things worse…hmmm…reminds me of a wanna be president

@MrTexasDan 2 ай бұрын

Not the same situation as today with our wildly skewed trade levels with the PRC, though Eric would like nothing better to dump on Trump as he does in almost every video.

@Crioten 2 ай бұрын

Starfishes love space cowboys

@SamBroadway Ай бұрын

It's amazing how strong the country's economy was when the corporations paid their fair share of taxes... Just saying

@dumbledan4016 Ай бұрын

Yes, the tariff wrecked the economy and shut down the market economy.

@danielekkel2629 2 ай бұрын

Why's this on geographics?

@j.a.weishaupt1748 2 ай бұрын

They do events quite often too instead of only places

@turtleguy2121 2 ай бұрын

Wow, so pressing Germany for payment eventually lead to WWII. Learn something new everyday.

@cassidyjenson6826 Ай бұрын

I think it was a bit bigger than that, but the state of the German economy certainly allowed Hitler to seize the moment similar to FDR to rise to power.

@Grimlock1979 2 ай бұрын

Brace yourselves. Another depression is coming.

@4362mont 2 ай бұрын

What will happen again after Project 2025. With no Social Security, but lots of Tariffs. And no welfare... have yiu VOTED, YET?

@markgriz 2 ай бұрын

"...which, anyone? raise or lowered.......raised tariffs"

@Mike-kc5ew 2 ай бұрын

Bueller?

@heath508 2 ай бұрын

I’m not a space cowboy. Stop calling me that please and thank you.

@rogerpenske2411 2 ай бұрын

You mean medical care. Healthcare is getting off of one’s lazy ass and moving, and also the improvement of diet.

@brentgoeller8257 2 ай бұрын

I love how when FDR promised to be the people's savior, the writer had no issues, but when Hitler did it, he makes comments about how that's something a fascist would say. Also, I always get a kick out of how Germany promised people socialism is identical to how American politicians promise socialism. I'm glad the author recognizes that isn't socialism.

@resileaf9501 2 ай бұрын

There are major differences in the ways that Hitler and FDR promised to save their countries. Hitler promised punishment and the defeat of nebulous enemies responsible for all of Germany's woes. FDR promised regrowth and economic fixes. Guess which one was more successful.

@matthewwelsh294 2 ай бұрын

Hitler was super evil and if hell was real. He is in hell right now

@brentgoeller8257 2 ай бұрын

@resileaf9501 I'm not arguing. But that isn't what was said in the video which is what I was commenting on. The comments made in the video were clearly political.

@resileaf9501 2 ай бұрын

@@brentgoeller8257 Oh yeah, because fascism isn't inherently political or something.

@archstanton6102 2 ай бұрын

@@brentgoeller8257 Sounds almost like you think fascism is a good thing and should not be criticized?

@Noah_E 2 ай бұрын

Thumb down for the "Thoughts and prayers" dig. Do better

@PhilBertran 2 ай бұрын

Maybe people saying thoughts and prayers could actually do something instead of just saying thoughts and prayers...

@reppkis 2 ай бұрын

Awwww thoughts and prayers to you.

@edvard-swift3645 2 ай бұрын

Starvation made people healthy 😂 what fringe sources gave them this idea

@jdfmfb03 Ай бұрын

Fix your hair its annoying and immature when its in your eye Can’t respect

@murrayscott9546 2 ай бұрын

Ten Lost Years - Pierre Berton , Read it.

@krzychu777xD 2 ай бұрын

What happened to this chanel? It used to have such a good videos, now it seems like video farm

@chrisp308 2 ай бұрын

Did you just quote Kamala Harris word salad? 🤣

@PhilBertran 2 ай бұрын

Did you just parrot garbage right wing talking points?

@chrisp308 2 ай бұрын

@PhilBertran no but did you just parrot left winged actual parrots parroting the CIA? Go Kamala woooh!

@ElCanoso20 2 ай бұрын

The Nazis were very socialist. Socialists are basically fascists of a different color.

@TheDanEdwards 2 ай бұрын

"Socialists are basically fascists of a different color."

@geographicstravel 2 ай бұрын

Umm, no they weren't. They had to have Socialist in their name, because socialism was very popular in German politics at the time. They were socialist in name only.

@Talisguy 2 ай бұрын

They were so socialist that they privatised huge swathes of the economy and completely kneecapped the power of organised labour...oh wait...

@cwj9202 Ай бұрын

That is correct, the Nazis were socialists as much as the Russians were at that time with minor differences.

@christophersayers598 3 күн бұрын

Ohh equality. How fascist

@rogerpenske2411 2 ай бұрын

More Democrat domestic policy at work. It is impossible to have a recession or depression with real money. The federal reserve bank with it, valueless debt notes, thank you, Woodrow Wilson, the very problem it was allegedly designed to prevent. You can have speculation bubbles that fall apart, but with real money, the economy just moves along like it never even happened. King Roosevelt. II , Desperately seeking away out of the depression that his social programs only made worse, Goddess involved with World War II.