As we navigate the COVID-19 pandemic, people are trying to compare this situation to what’s happened in the past. From a health perspective, there are parallels to the 1918 Spanish Flu; but from an economic standpoint, many are bringing up the early eighties and even the Great Depression of the ’30s. My grandfathers lived through the Great Depression. It was a terrible time: there was drought, economic depression, people were hungry… and it impacted the way that generation looked at money for the rest of their life. I often would joke that, for my one grandfather, it ruined his attitude…
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