It's a little known fact that more millionaires were made during The Great Depression than in any other era in U.S. history. Want to know how that happened so you can cash in on the current economic situation?

I did a lot of research work to find the real data, not just the historical information we are spoon-fed by the media about how hard the depression was on the masses and how diligently the President worked to turn the economy around. It takes digging through piles of documents including the patent and copyright office files in addition to the Library of Congress to find much of the information. But, there is a ton of information on the internet if you dig deep enough.

There's one 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 exactly the same thing as a depression except it doesn't last as long and the economic damage is not as severe. So bear with me while I give you a short history lesson that illustrates this golden nugget.

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

During the years prior to 1929, as more and more credit was extended to individuals and businesses the economy was tipping over the edge of the cliff from available cash to way too much credit debt. As the amount of credit debt reached a critical level, and businesses could no longer pay the credit bills, the biusinesses crashed (the 1929 stock market crash.) When employees lost their jobs they 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 land, homes, companies, or purchased the stocks of the companies that made products that were in demand by the U.S. government for the war effort made millions. These 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 - Shipping, truck and railway transportation 8 - Petroleum products and fuels and stock in iol wells (the Texas oil boom was a biggie!)

Some of the better known companies that were bought during that period 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 mortgage crisis / real estate crash.

My clients are getting rid of their credit debt and stashing cash savings like crazy. They are sleeping well at night and will survive whatever comes. Are you doing anything 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"