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It's a little known fact that more millionaires were made during The Great Depression than in any other time in U.S. history. Do you want to know how they did it so you can cash in on the economic crisis looming on the horizon?

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

There's one golden nugget in this history lesson that can enable you to make a lot of money when our country is in a recession (like right now) because a recession is a depression of shorter duration and less economic damage. Have patience while I give you a short history lesson that illustrates this golden nugget.

It is important to know that the Great Depression actually began a few years in advance of the 1929 stock market crash and continued until World War II brought the country out of the Depression.

In the years prior to 1929, as more and more credit was extended to individuals and businesses the economy was tipping over the edge of the cliff from available cash to excessive amounts of credit debt. As the amount of extended credit reached a critical level, and businesses failed to pay the credit bills, the companies crashed (the 1929 debacle.) Because employees lost their jobs they in turn could not pay their credit debts and the housing market and banking industries crashed.

All of the companies that changed hands during the depression by people with liquid cash are too numerous to mention, but because of the war effort, those with liquid cash who purchased homes, land, companies, and invested in the stocks of the companies that made products that were in demand by the U.S. government for the war effort made millions. These industries included such products as:

1. Steel, iron, copper, and aluminum 2. Communications equipment and replacement parts 3. Tanks, boats, aircraft, vehicles and parts for these 4. Ammunition and weapons 5 - Boots, clothing, belts, helmets, caps, backpacks, hats, blankets, tents and cots (and the textiles to make them) 6 - Storage and shipping containers 7 - Truck, railway and shipping transportation 8 - Oil and petroleum and the stocks in iol wells (the Texas oil boom was a biggie!)

A few of the well known companies that changed hands during that time were: Douglas Aircraft, Reynolds Metals, John Deere, Ericsson, and even the Goudy Gum Company (Washington Mutual Bank was the first at a $5 billion bail out in April) and the real estate crash / mortgage crisis.

My clients are paying off their credit debt and stashing liquid cash like crazy. They sleep better at night and will survive whatever comes. What are you doing to prepare for the economic crisis that is now underway?