April 16, 2011

Then came panic, and panic changed to dull shock. When the market fell, the factories, mines, and steelworks closed and then no one could buy anything, not even food. People walked around looking as if they'd been slugged. The papers told of ruined men jumping from buildings. When they landed on the pavement, they were really ruined. The uncle of one of my friends was a very rich millionaire. From seven millions he dropped to two millions in a few weeks, but two millions cash. He complained that he didn't know how he was going to eat, cut himself down to one egg for breakfast. His cheeks grew gaunt and his eyes feverish. Finally he shot himself. He figured he would starve to death on two millions. That's how values are.
- John Steinbeck, A Primer on the 30's.

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