You should know that more millionaires were made during The Great Depression than in any other era 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 find the actual information, not just the historical information we are spoon-fed by the media about how tough the depression was on the masses and how hard the President worked to turn the economy around. It takes digging through piles of research documents including the copyright and patent office files in addition to the Library of Congress to find much of the information. But, there is a ton of information available on the internet if you dig deep enough.

There's one pure gold nugget in this history lesson you can use to make tons of money when our country is in a recession (like right now) because a recession is exactly the same thing as a depression except it doesn't last as long and the economic damage is not as severe. Have patience while I give you a short history lesson that illustrates the golden nugget.

You should know that the Great Depression actually began several years before the 1929 stock market crash and lasted until World War II brought the country out of the Depression.

In 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 level, and companies could no longer pay the credit bills, the companies crashed (the 1929 debacle.) When workers lost their jobs they could not pay their credit debts and the banking industries and housing market crashed.

The many business enterprises that were bought and sold during the depression by people with liquid cash are too numerous to mention, but because of the war effort, those with liquid cash who purchased homes, land, companies, and purchased the stocks of the companies that produced products that were in demand by the U.S. government for the war effort made millions. The industries included products like:

1. Iron, steel, aluminum and copper 2. Communications equipment and replacement parts 3. Tanks, boats, aircraft, vehicles and parts for these 4. Ammunition and weapons 5 - Tents, cots, blankets, backpacks, boots, clothing, helmets, belts (and the materials to make these) 6 - Containers 7 - Truck, railway and shipping transportation 8 - Petroleum products and fuels and stock in iol wells (the Texas oil boom was a biggie!)

A handful of the better known companies that changed hands during that time were: Ericsson,Reynolds Metals, John Deere, Douglas Aircraft and even the Goudy Gum Company (the first was the first at a $5 billion bail out in April) and the real estate crash / mortgage crisis.

My clients are getting rid of their credit debt and stashing liquid cash with a vengeance. They sleep better at night and will survive whatever comes. What are you doing to prepare for the economic rollercoaster ride that is already 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"