About this episode

Chris discusses the short-lived Depression of 1920–21 and its implications for modern economic policy.

LISTEN and SUBSCRIBE on: Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608 Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i WATCH and SUBSCRIBE on: https://www.youtube.com/@WatchdogOnWallstreet/featured The Depression of 1920–21 was a brutal economic contraction, but the downturn was relatively short-lived. Chris argues its history offers a lesson for today: recessions can clear out bad investments, and government attempts to prevent every failure may ultimately do more harm than good.

People in this episode

Host: Chris Markowski

Topics covered

• economic contraction
• recession
• government intervention
• historical lessons
• investments

Keywords

• Depression
• 1920-21
• economic contraction
• recession
• government intervention

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