Blog

But, like all Ferris wheel rides, it came to an end and to a crashing end for many evils crept into this great country and overtook all so many Americans and stripped them down to nothing in the coming years.

How could this has happened? How could have a country who pledged allegiance, prayed in school, affirmed to the world they were a Christian Nation, and were a blueprint to the Israelites of the Old Testament.

God provided the means, protection, leaders, commandments. laws, land, and direction to where each Israelite should follow. God took them from slavery to freedom and to the land filled with milk and honey.

The Federal Reserve acted after the Stock Market Crash by raising interest rates and raising interest rates in 1931 to the tune of doubling interest rates from their pre-crash levels.

Demand, in the roaring 20’s, caught up with and overtook supply in both the industrial and agriculture fields only to result in debt, over-extended and decimated profits.

Four days in October 1929 would change the face of American history as the balloon began losing its air. Here is information used from the businessinsider on that fateful time.

Wall Street was booming, “the war to end all wars was finished”, the GDP rose, the almighty dollar was buying ones needs and wants, unemployment was non-existent, the United States had no national debt, thus lending millions to various countries in need.

Let’s go back in time to the roaring 20’s where Wall Street was booming, Babe Ruth and the New York Yankees were the champs of baseball, movies and movie stars were the talk of the town, authors such as F.Scott Fitzgerald & Eugene O’Neill were coming on to the scene and the flappers were dancing the Charleston.