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+--- Thread: The Day America Went Broke (/thread-10774.html)
The Day America Went Broke - Adele Edisen - 23-05-2013
Tue, May 21, 2013 11:10:21 AM
The day America went broke
From: Brasscheck TV <news@brasschecktv.com>
Once upon a time, the US government
closed the doors to every bank in the
nation.
The year was 1933 and it was called
a "bank holiday."
If you needed cash for something, you
were out of luck.
By 1933, over $140 billion in depositors'
money had gone up in smoke because of
banking failures and there was a run on
banks throughout the country that threatened
to bring the whole system down.
Here's what it looked and sounded like
seventy-five years ago. (Corr: 80 years ago. - AE)
Video: 6:52 minutes long
http://www.brasschecktv.com/page/438.html
- Brasscheck
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