The Day America Went Broke

[Adele Edisen]

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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Adele