1929 --- --- --- 3.2% < Hoover era, Great Depression begins 1930 4.2% 3.4% - 9.4% 8.7
1931 3.7 4.3 - 8.5 15.9
1932 2.9 7.0 -13.4 23.6
1933 3.5 8.1 - 2.1 24.9 < FDR, New Deal begins; contraction ends March
1934 4.9 10.8 + 7.7 21.7
1935 5.3 9.3 + 8.1 20.1
1936 5.1 10.6 +14.1 16.9
1937 6.2 8.7 + 5.0 14.3 < recession begins, May
1938 7.7 7.8 - 4.5 19.0 < recession ends, June
1939 7.2 10.4 + 7.9 17.2
 |
 |
 |
 |
| How to survive the recession |
|
 |
 |
 |
|
 |
 |
 |
|
 |
 |
Investment in stocks
Remember, NEVER invest in stocks with borrowed money unless you are 200% sure of success. Right now the stocks look cheap. There are some who are urging people to buy stocks before they go up again. Well it all depends. First, the bottom has not been reached yet. But if you have cash and would like to invest, then you have to pick stocks that have a future; that is to say the companies that you are investing in are going to make money. Investing in a car company that keeps making gas guzzling cars is a mistake. On the other hand investing in utility companies, especially those that generate electricity is a good one. We have to look at the world and see what will be in short supply and which companies will solve our problems; then invest in those companies.
I have already explained that our population is growing rapidly while our food supplies along with oil and water are diminishing. From this you can see that investment in sources of food, energy, water and related industries is a good investment. Stocks in the Russian energy giant gazprom.com/" target="_blank">Gazprom are worth every penny, since it has direct access to vast Russian reserves, is investing in pipelines to Europe and is getting into the Iranian oil sector as well. On the other hand Shell Oil Company is not as hot as Gazprom, since it simply doesn’t have the same access to the energy reserves.
Speak the truth and shame the devil on Pravda.ru forum