The great depression of the "oughties"
I haven’t’ said anything about the ongoing train wreck, but here are two links I think very apt:
A Tom the Dancing Bug cartoon at Salon
and
A fascinating article in The Chronicle of Higher Education entitled The Real Great Depression. It’s about the depression in the 1870s, which was fueled by a real estate boom and precipitated by a flood of cheap grain from the US (as opposed to cheap gewgaws from China).
