Some observers believe the global economy resembles that of the late 1930s, and we risk another Great ... Depression-scale slump over the past five years to see what happens when your banks are ...

Hoover had completely underestimated the length and the severity of the Great Depression. It wasn’t the normal cycle of ‘boom and bust’, but instead a complete collapse in the economy.

Focusing on middle-class behavior to explain the boom and bust in the United States may be too narrow The conventional narrative about the great recession that began in the United States in 2007 ...

The advent of mortgages with low down payments in the 1930s facilitated a sharp uptick in the US birth rate that created the baby boom ... the effects of the Great Depression and few new homes ...