Friday 30 January 2009

Learning the lessons of The Great Depression

It appears to be broadly agreed that one of the things that deepened and lengthened The Great Depression was protectionism, in particular by the USA, although I am sure many other countries were just as guilty.

It's good to see that they've learned that lesson ... oh, sorry, I meant forgotten.

1 comments:

Idle Pen Pusher said...

I've done my best here to explain the causes of the current recession... I'll be expanding on how to avoid repeating the Depression soon, too.