In 1933 The US GDP was falling to about $57 billion, the low point of the Great Depression and about three-tenths of one percent of today’s economy. Unemployment would hit 25% that year. Roosevelt recognized that people had to believe that things would get better before it could actually happen. Welcome to 2014, where the economy is showing plenty of life signs, but no one seems to believe that things will get better.
2014 Outlook: Are We There Yet?
Posted by cbrendlinger under FinanceFrom http://www.awakeat2oclock.com 3781 days ago
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