this post was submitted on 06 Oct 2024
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I'm not American, but the Great Depression and 1932 was taught in school as it was that historically significant as the biggest low-point in modern western economics.
I've got a degree in american economic history and studied the 1930s depressions. hoo boy the tariffs caused the second dip
And I was taught in calculus that a local minimum is when the line starts going up
These days it's the second biggest