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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 actual information, not just the historical data dished out by the news media about how tough the depression was on the masses and how diligently the President worked to turn the U.S. economy around. It takes digging through piles of research documents including the patent and copyright office files in addition to the Library of Congress to locate much of the data. But, there is a ton of data on the internet if you dig deep.

There's a pure gold nugget in this history lesson you can use to make a lot of money when our country is in a recession (like right now) because a recession is a depression of shorter duration and less economic damage. So bear with me while I give you a short history lesson that contains the golden nugget.

It is important to know that the Great Depression really started a few years before the 1929 stock market crash and continued until World War II brought the country out of the Depression.

During the years before 1929, as greater and greater amounts of credit was extended to businesses and individuals the economy was tipping over the edge of the cliff from available cash to excessive amounts of credit debt. As the amount of extended credit reached a critical mass, and businesses could no longer pay the credit bills, the biusinesses crashed (the 1929 stock market crash.) Because workers lost their jobs they in turn could not pay their credit debts and the housing market and banking industries crashed.

All of the business enterprises that changed hands during the depression by people with cash savings are too numerous to mention, but because of the war effort, those with cash savings who bought homes, land, companies, and invested in the stocks of the companies that produced products demanded by our government for the war effort made millions. These industries included products like:

1. Iron, steel, aluminum and copper 2. Communications: radios and parts 3. Transportation: Aircraft, Tanks, boats and vehicles (and their parts) 4. Armaments: Guns and munitions 5 - Tents, cots, blankets, backpacks, boots, clothing, helmets, belts (and the materials to make these) 6 - Containers 7 - Shipping, truck and railway transportation 8 - Petroleum products and fuels and stock in iol wells (the Texas oil boom was a biggie!)

A few of the well 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 the first at a $5 billion bail out in April) and the mortgage crisis / real estate crash.

My clients are paying off their credit debt and stashing cash savings with a vengeance. They are sleeping well at night and will survive whatever comes. Are you doing anything to prepare for the economic crisis that is now underway?

Sandra Simmons, President of Money Management Solutions has years of experience helping business owners and individuals manage their money to achieve financial freedom. Claim your FREE REPORT "7 Fatal Money Management Mistakes Business Owners Make"