List of recessions in the United States - Wikipedia, the free encyclopedia
now study this very long list and see how often we had recessions in this country.
What happened after Glass Steagal was put in place
As , indicated everyone of them was caused by the federal government intervening in the economy.
Before the Federal Reserve Board depressions were small and limited to a specific industry or geographic location.
Now depressions have nationwide effect and are prolonged.
Hardly, the Panic of 1893 was nationwide and lasted 5+ years.
Panic of 1893 - Wikipedia, the free encyclopedia