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Old 08-07-2011, 05:25 AM  
Paul Markham
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Join Date: Jun 2001
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Quote:
Originally Posted by dyna mo View Post
quick question-

didn't the british government buy up all the bad banks during the banking crisis? how's that working out?
Go find a history book on the Presidents reactions to the 1930 stock market crash.

Then come back and repost.

A clue.

Quote:
Term: 1929-1933. The stock market crashed a few months into Hoover's term. The Great Depression that followed was widely and some say unfairly blamed on Hoover.
Maybe unfair, maybe not. Read up on it. Then imagine what would of happened to you if Governments hadn't stepped in. Your bank accounts might of gone down the toilet.
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