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Bengus81

(10,130 posts)

5. Not in Kansas--and that's where that pandemic really started, or got a foothold

Wed Aug 12, 2020, 01:41 PM

Aug 2020

The economy of Kansas and Wichita was through the roof in the roaring 20's because of aviation. What caused the Depression IMO was the wild west Stock market and letting everyone buy stock on margin and endless mergers. You couldn't lose!!!

Well....not until mid summer of 1929 a good three months before the crash and the signs started in aviation. Sales of aircraft started dropping and dropping compared to 1928 and never picked up when temps cooled down in early Sept. When the crash hit it was instantaneous in that business.

The newly formed Beech Aircraft Co. in April 1932 came within a hair of bankruptcy by mid 1933. It would be well into 1934 before any signs of an uptick in aviation started happening again.

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Did the 'Spanish flu' (1918-1920) contribute to the Great Depression (1929)? [View all] bobbieinok Aug 2020 OP

Good question! SheltieLover Aug 2020 #1

According to drumpf it ended WW2 lol Takket Aug 2020 #2

Not sure, but according to His Lardship it did end WWII. The Velveteen Ocelot Aug 2020 #3

Spanish Flu pandemic was from 1918-1919. Please correct (Trump keeps saying 1917) hlthe2b Aug 2020 #4

You are correct. There was no Spanish flu, '29 Depression connection. There was a sharp, empedocles Aug 2020 #10

Not in Kansas--and that's where that pandemic really started, or got a foothold Bengus81 Aug 2020 #5

The virus evolved in Kansas, but the surge in its spread was on the Western Front in France Bucky Aug 2020 #9

Sounds to me like supply-side economics... sanatanadharma Aug 2020 #13

They're not unrelated. Bucky Aug 2020 #14

There was a pretty good economic expansion... Wounded Bear Aug 2020 #6

I'm a history teacher. I've never heard the two events connected Bucky Aug 2020 #7

Thank you for your very interesting comment! bobbieinok Aug 2020 #8

Probably not, and I've never heard a non-crackpot economist say it did... TreasonousBastard Aug 2020 #11

No but it did bring World War Two to an end. /s comradebillyboy Aug 2020 #12