Tuesday, October 07, 2008

The Bank Holiday of 1933:The day Americans went broke

By 1933, over $140 billion in depositors'money had gone up in smoke because of banking failures and there was a run onbanks throughout the country that threatenedto bring the whole system down. The fix from 1933 was a lie as the fix from 2008 is. We are repeating history and being played as the fools we are.

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