Andrew Ross Sorkin
👤 SpeakerAppearances Over Time
Podcast Appearances
Yeah.
Yeah.
They go to the grocery store and they get a bill.
And that's that.
Okay, let's talk about all of the downriver outcomes of this collapse, because I bet there's a bunch we don't know about.
I think most we would know, and in the book you say, I think in 1934, maybe that was the nadir where we were at 25% unemployment.
32.
There's like tented camps everywhere.
They're called Hoovervilles.
And you point out the peak of our unemployment after 2008 was 11%.
For a hot minute.
So, yeah, one in four adults who would want a job can't get a job.
Can't get a job.
That's pretty bleak.
Al Capone.
I was going to say, that's how we got Al Capone.
We love to do that.
That's how we got Al Capone before that.
Okay, so that's what happened.
And now how is it a bit of a warning?