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You should know 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 current economic situation?

I did a lot of research work to locate the real facts, not just the historical data we are spoon-fed by the media regarding how tough the depression was on the masses and how hard the President worked to turn the economy around. It takes wading through stacks of documents including the patent and copyright office files in addition to the Library of Congress to locate a lot of the data. But, there is a ton of data on the internet if you dig deep.

There is a pure gold nugget contained in this history lesson that can enable you to make tons 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 this golden nugget.

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

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

The many business enterprises 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 produced products that were in demand by the U.S. government for the war effort made millions. These industries included products like:

1. Iron, steel, aluminum and copper 2. Communications: radios and parts 3. Tanks, boats, aircraft, vehicles and parts for these 4. Armaments: Guns and munitions 5 - Boots, clothing, belts, helmets, caps, backpacks, hats, blankets, tents and cots (and the textiles to make them) 6 - Containers 7 - Truck, railway and shipping transportation 8 - Petroleum products and fuels and the stocks in those oil wells (the Texas oil boom was a biggie!)

A handful of the better known companies that changed hands during that period were: Douglas Aircraft, Reynolds Metals, John Deere, Ericsson, and even the Goudy Gum Company (they were 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 with a vengeance. They are sleeping well at night and will make it through whatever comes. What are you doing to prepare for the economic rollercoaster ride that is already underway?