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You should know that more millionaires were made during The Great Depression than in any other era in U.S. history. Do you want to know how they did it so you can cash in on the current economic situation?

It takes a lot of digging to find the real information, not just the historical data dished out by the media regarding how hard the depression was on the masses and how hard the Presidents worked to turn the U.S. economy around. It takes wading through stacks of research documents including the patent and copyright office files and the Library of Congress to find a lot of the data. But, there is a ton of data available on the internet if you dig deep.

There's one pure gold nugget contained in this history lesson you can use to make a lot of money when our country is in a recession (like right now) because a recession is exactly the same thing as a depression except it doesn't last as long and the economic damage is not as severe. So bear with me while I give you a short history lesson that illustrates the golden nugget.

It is important to know that the Great Depression actually started several years before the 1929 stock market crash and continued until World War II brought the country out of the Depression.

During the years before 1929, as greater and greater amounts of credit was extended to businesses and individuals the economy was tipping over the edge from available cash to excessive amounts of credit debt. As the amount of credit debt reached a critical level, and businesses failed to pay the credit bills, the biusinesses crashed (the 1929 stock market crash.) When workers lost their jobs they in turn could not pay their credit debts and the banking industries and housing market crashed.

All of the companies that were bought and sold during the depression by people with cash savings are too numerous to mention, but because of the war effort, those with cash savings who purchased homes, land, companies, or purchased the stocks of the companies that made products demanded by the U.S. government for the war effort made millions. These industries included such products as:

1. Iron, steel, aluminum and copper 2. Communications equipment and replacement parts 3. Transportation: Aircraft, Tanks, boats and vehicles (and their parts) 4. Armaments: Guns and munitions 5 - Tents, cots, blankets, backpacks, boots, clothing, helmets, belts (and the materials to make these) 6 - Storage and shipping containers 7 - Shipping, truck and railway transportation 8 - Oil and petroleum and stock in those oil wells (the Texas oil boom was a biggie!)

A handful of the better known companies that changed hands during that time were: Douglas Aircraft, Reynolds Metals, John Deere, Ericsson, and even the Goudy Gum Company (the first was just a preview in April to the tune of a $% billion bail-out) and the real estate crash / mortgage crisis.

My clients are getting rid of their credit debt and stashing cash savings like crazy. They are sleeping well at night and can survive whatever comes. Are you doing anything to prepare for the economic rollercoaster ride that is already underway?