- published: 10 Oct 2013
- views: 1208751
The Great Depression was a severe worldwide economic depression in the decade preceding World War II. The timing of the Great Depression varied across nations, but in most countries it started in 1930 after the passage of the Smoot-Hawley Tariff bill (June 17), and lasted until the late 1930s or early 1940s. It was the longest, most widespread, and deepest depression of the 20th century.
In the 21st century, the Great Depression is commonly used as an example of how far the world's economy can decline. The depression originated in the U.S., after the fall in stock prices that began around September 4, 1929 and became worldwide news with the stock market crash of October 29, 1929 (known as Black Tuesday).
The Great Depression had devastating effects in countries rich and poor. Personal income, tax revenue, profits and prices dropped, while international trade plunged by more than 50%, due in large part to the Smoot-Hawley Tariff. Unemployment in the U.S. rose to 25%, and in some countries rose as high as 33%.
Stefan Basil Molyneux (born 24 September 1966) is a blogger, essayist, author, and host of the Freedomain Radio series of podcasts, living in Mississauga, Canada. He has written numerous articles and smaller essays which have been published on libertarian websites such as LewRockwell.com, antiwar.com and Strike The Root, recorded over 2000 podcasts, produced over 800 videos, and written several books which are self-published except for his first, which was published by Publish America. In 2006 Molyneux quit his previous job in the field of computer software and works full-time on Freedomain Radio, a philosophical community website which is funded through donations. He self-identifies as a full-time parent and philosopher.
Freedomain Radio is primarily an online podcast, however Molyneux also uses essays, videos, books, articles, interviews, and public speaking to deliver his content. The regular content of the show covers topics such as anarcho-capitalism, ethics, Austrian economics, atheism, religion, education, family, philosophy and politics. Each Sunday Molyneux conducts a call-in show where listeners can talk with him about either a set topic of discussion, or their own. Freedomain Radio also has an online community message board for listeners to discuss Molyneux's content as well as related topics.
Fall - into ashes
Hole - of the imperium
Rise - of the fallen
Come - to the omen
Lords - of chaos awaits
Signs - of the times
Cold - and dark approaches
Brutal - depression arrives (arise)
Great depression
In a fraction
The empire is gone
Great depression
In a fraction
The empire is gone
Forward - and don't look back
Never - stop and rest
Forever - your spirit should go
Away - away from it all
Sky - blood red
Rise - beneath the sky
Fly - to nowhere fast
Survive - the massive test (survive)
Great depression
In a fraction
The empire is gone
Great depression
In a fraction
The empire is gone
Skulls - and crossbones lay
Dark - fear and decay
Slow - finding its way
Crawl - out of this plague
Numb - you don't feel it all
Womb - maggots will crawl
Frozen - and paralyzed to life
Crumble - the empires die (die)
Great depression
In a fraction
The empire is gone
Great depression
In a fraction