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To: BroJoeK
So, from 1929 to 1934, US imports fell $2.9 billion, while exports fell $3.3 billion, and US GDP fell 54%. Overall world-trade fell 66% in those years, and US unemployment rose from 8% to 25%.

I noticed you gave specific figures in billions USD of the imports. But GDP you did not give specific amount. Why? So how big was the overall GDP compared to imports?

I am on to all the Free Traitor™ tricks.

41 posted on 03/26/2016 6:53:52 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va
central_va: "I noticed you gave specific figures in billions USD of the imports.
But GDP you did not give specific amount.
Why? "

No problem, I have those numbers for US GDP in $billions:

1929: $104
1930: 91
1931: 77
1932: 59
1933: 56
1934: 66
1935: 73

From the peak in 1929 to the valley in 1933 US GDP fell 46%.
Smoot Hawley was repealed in 1934, and US GDP began to rise.

43 posted on 03/26/2016 7:05:12 AM PDT by BroJoeK (ea little historical perspective...)
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