Surviving the Depression: True tales of the 1930s
The economy has crashed and millions of Americans have lost jobs, lost their homes, aren't sure where their next meal is coming from and basically are in Despair Central. It may seem to the softest generations– Baby Boomers and younger– things are about as bad as we've seen.
But hard times are nothing new.
Those who lived through the Great Depression remember an irrationally exuberant stock market that came crashing down and the grim aftermath. They weren't mortgaged to the hilt. They didn't have credit cards. They weren't aflood in consumer goods they believed they were entitled to have, even if their bank accounts didn't support the acquisition. Then they fought overseas or sustained the home front in World War II. Tom Brokaw calls them Greatest Generation.
These 80- and 90-somethings haven't forgotten the past, although they do appear destined to live through two depressions in one lifetime.
They already know that life is unfair, and they're certainly better poised to endure the ongoing pain than many of us are. What can we learn from those who lived through the toughest times of the past century?
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Full Stories List for February 12th, 2009 issue #0806
4Better Or Worse
News
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On Architecture
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Real Estate - On the Block
Strange But True
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