I had to split this chapter from my first book, Understanding Money, into two parts because of its length. It takes you on the wild economic ride from the end of WWI, the depression of 1921, the Florida real estate bubble, through the roaring 20’s, and ends with the stock market crash of `29. The almost 300 paragraphs of the full chapter served as the basis of the 18 paragraphs that made it into my finished book, Guide to Investing in Gold and Silver.
When you get to the section on the Florida real estate bubble please keep in mind that this was written in 2006, and I was trying to warn people, by making a historical comparison, that real estate was currently in a bubble that was about to burst.
Bumps, Dips, Bubbles, and Storms