RandomPoster
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- May 22, 2017
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The press was not allowed to panic the country in 1918 because the government censored the press. The stock market actually went up from12/6/1917 to 2/6/1919 and unemployment dropped to 1.4%. In fact, we actually had a labor shortage even after the troops returned from Europe and we even abolished child labor laws to put everyone to work. Compare this to the massive unemployment and lack of economic activity we are suffering from now. Americans will go crazy if they can't work.
Grocery store in Italy.
The Dow and Spanish Flu of 1918-1920
Conventional wisdom suggests that a flu pandemic like COVID-19 would have resulted in a further decline in financial markets rather than a reversal of a long established declining trend. That was …
www.newlowobserver.com
Grocery store in Italy.