cedit crunch over: the keynsians were right, page-50

I just watched the u tube version some parts are good but a bit disjointed and hard to hear the Puplava interview is better sorry you can`t get it.
The gist of it is we are basically following the same path as the Great Depression.
Murphy explains that when these debt events happened pre Federal reserve and where the Government did not intervene and thing were left to take their own coarse they were ofa lot shorter in duration, 18 months - 2 years long, all be it more painful to some.
These pre Fed events were no less a crisis but are not remembered today like the great Depression because things righted themselves quickly without any intervention.
This current intervention and further increasing debt levels is counter intuitive to what is actually required to solve the problem.
All recessions come to an end eventually, and if the Government has been seen to be acting they will claim that they saved the economy. When in fact the opposite is true.
Thanks for the links Trevor, I will have a look.