Ravineworld wrote:Wikkiwallana wrote:No, we left the bimetallic standard, because silver was not helping at all. We were on the gold standard before, during, and after the depression.
As for prohibition, 10 years in not "right before". I don't know how much clearer I can make that.
OK, I looked it up and I was wrong. I confused raising the value of the standard during the depression with leaving it and leaving the bimetallic standard. oops.
The recession of the 80's started soon after we left the gold standard.
10 years before is pretty much "right before". We banned alcohol, and within a decade there is economic turmoil.
We change our foreign policy, and soon after, there is economic turmoil.
Sound like pre-great recession?
Yes, yes it does. (war in iraq, drug war escalation, currency debasement and debt)
While bubble's caused the depression, currency issues, prohibition, and war didn't exactly help much.
I'll let someone else argue the gold standard thing/
And the increase in crime had nothing to do with the economic turmoil?
Be specific, when did we change our foriegn policy and soon after Economic turmoil?
You're completely leaving out the one big reason why there was economic turmoil, the Stock Market crash and the problems with it that led up to said crash.




What is generally meant by American isolationism is that we did not involve ourselves with conflicts not concerning us or in alliances with European states. We still engaged in trade, we still fought when our interests were directly threatened, and, after the Monroe Doctrine, we intervened in the Western hemisphere. Most historians would say that this isolation was broken when Woodrow Wilson asked Congress to declare war on Germany during World War I, although it is posible to argue that our war with Spain in the Philipines or the opening of Japan to U.S. commercial interests would qualify as a violation of American isolationism. Essentially, the idea was don't make the Europeans angry if at all possible.


