Business is still more often about whom you know, not what you know.

Most people are poor, not because they are lacking but is because they are wasting. They spend their money on the things they don’t need. They never see the use of the things they already own and at their disposal.

The crash did not cause the Depression: that was part of a far broader malaise. What it did was expose the weaknesses that underpinned the confidence and optimism of the 1920s – poor distribution of income, a weak banking structure and insufficient regulations, the economy’s dependence on new consumer goods, the over-extension of industry and the Government’s blind belief that promoting business interests would make America uniformly prosperous.

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