Articles, News and Resources

You should know that more millionaires were made during The Great Depression than in any other era in U.S. history. Want to know how that happened so you can cash in on the economic crisis looming on the horizon?

It takes a lot of digging to find the actual facts, not just the historical information dished out by the news media about how hard the depression was on the masses and how hard the President worked to turn the U.S. economy around. It takes digging through piles of research documents including the patent and copyright office files and the Library of Congress to find much of the information. However, there is a ton of information on the internet if you dig deep.

There's a golden nugget contained in this history lesson you can use to make tons of money when our country is in a recession (like right now) because a recession is exactly the same thing as a depression except it doesn't last as long and the economic damage is not as severe. So bear with me while I give you a short history lesson that illustrates the golden nugget.

You should know that the Great Depression really started a few years in advance of the 1929 stock market crash and continued until World War II brought the country out of the Depression.

In the years prior to 1929, as greater and greater amounts of credit was extended to businesses and individuals the economy was sliding over the edge of the cliff from available cash to excessive amounts of credit debt. As the amount of extended credit reached a critical level, and companies failed to pay the credit bills, the companies crashed (the 1929 debacle.) Because employees lost their jobs they in turn could not pay their credit debts and the banking industries and housing market crashed.

All of the companies that were bought and sold during the depression by people with liquid cash are too numerous to mention, but because of the war effort, those with liquid cash who purchased homes, land, companies, or invested in the stocks of the companies that produced products demanded by the U.S. government for the war effort made millions. These industries included products like:

1. Steel, iron, copper, and aluminum 2. Communications equipment and replacement parts 3. Transportation: Aircraft, Tanks, boats and vehicles (and their parts) 4. Ammunition and weapons 5 - Tents, cots, blankets, backpacks, boots, clothing, helmets, belts (and the materials to make these) 6 - Storage and shipping containers 7 - Shipping, truck and railway transportation 8 - Petroleum products and fuels and the stocks in those oil wells (the Texas oil boom was a biggie!)

A handful of the better known companies that were bought during that period were: Douglas Aircraft, Reynolds Metals, John Deere, Ericsson, and even the Goudy Gum Company (the first was the first at a $5 billion bail out in April) and the real estate crash / mortgage crisis.

My clients are getting rid of their credit debt and stashing liquid cash with a vengeance. They are sleeping well at night and will make it through whatever comes. What are you doing to prepare for the economic rollercoaster ride that is already underway?