It's been pointed out that the 1929 Stock market crash may have started the Great Depression the true damage was inflicted by bank failures. The First bank to fail in Dec 1930 was the Bank of USA of Brooklyn NY with a "run" on their Bronx NY Branch. Today the city of Harrisburg PA filed for Bankruptcy. This city has been on the edge for many months now and has run out of options. Now after "the fold" I'll get into the forest that the Harrisburg tree sits in....
↧