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Although, the Great Depression in the 1930's has often times sparked debate as to its causes; there are a number of sound causes that correlate directly to the Millennium slump. From war reparations, lavish lifestyles, pools/speculation of the stock market, manipulation of the market and the rapid ballooning of the economy, emerge the similarities between the two economic slumps.
One can first begin with analyzing the relationship of the war reparations in the twenties, to that of the nineties. The World Community had suffered greatly, both in the cases of retaliatory tariffs, as well as the war debts of European countries following War World I...
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Common topics in this essay:
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