"A year ago, University of Washington history professor James Gregory started getting the question: Was our nation and state entering a second Great Depression?
Huge layoffs at Microsoft, Boeing and Starbucks. The end of Washington Mutual, the biggest U.S. bank in history to fail. Home prices falling and bankruptcy filings in Washington reaching 90 per day.
'I started thinking there might be lessons that could be learned from the Great Depression,' Gregory said. 'The 1930s are arguably the most important decade in the building of Washington state as we know it today"
Huge layoffs at Microsoft, Boeing and Starbucks. The end of Washington Mutual, the biggest U.S. bank in history to fail. Home prices falling and bankruptcy filings in Washington reaching 90 per day.
'I started thinking there might be lessons that could be learned from the Great Depression,' Gregory said. 'The 1930s are arguably the most important decade in the building of Washington state as we know it today"