Robert Sobel’s book is our chief guide for the second leg of the Great Depression Survival Guide. As his book’s title lets on, it was the larger companies that did the best. To illustrate this point, let’s start with the auto industry. In 1929, the auto industry sold more cars than it ever sold before – 5.3 million units. But the wrecking ball called the Great Depression hit the auto industry especially hard. By 1932, only 1.3 million units were sold…
March 12th, 2009 | Chris Mayer | 0 comments | Continued
