Monday, August 19, 2013
A Very Significant Fact
All of you either remember or have heard about the Great Depression of the late 20s and 30s. Stories of Wall Street millionaires losing all their money from the time the stock market opened and the stock market closed on the same day. I’m no economist, historian or social expert, but one factor sticks out in my mind: Everyone was affected by the Depression—the rich, the poor and those in-between. This latest economic disaster, while affecting many wealthy people, didn’t affect the wealthy as much as it affected everyone else. I think that’s a very significant fact and I intend to discuss it further with you this week.