TheNightIsLost t1_j8srb3h wrote
Reply to comment by SpreadEagleCros_s in [OC] History of how the U.S. economy outstripped the U.K. economy and how Brexit deepened the gap by tabthough
> instance, the Panic of 1873 lasted 6 years and saw double digit unemployment. The Panic of 1893 lasted 4 years.
The Great Depression lasted for 12 years of high unemployment, and it happened AFTER the Fed was made.
[deleted] t1_j8sugzh wrote
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