On the record
The sudden threat of unemployment and especially the recollection of the economic consequences of previous crashes under a much less secured financial system created unwarranted pessimism and fear.
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gutenberg.orgHerbert Hoover: “The sudden threat of unemployment and especially the recollection of the economic consequences of previous crashes under…”
Editor's note · Context
Hoover discusses the fear and pessimism that arose from the threat of unemployment and past economic crashes.
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