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

It takes a lot of digging to locate the actual information, not just the historical data dished out by the news media regarding how hard the depression was on the masses and how hard the Presidents worked to turn the U.S. economy around. It takes wading through stacks of research documents including the copyright and patent office files and the Library of Congress to locate much of the data. However, there is a lot of data on the internet if you dig deep.

There is one golden nugget contained 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 a depression of shorter duration and less economic damage. Have patience while I give you a short history lesson that illustrates the golden nugget.

It is important to know that the Great Depression actually started several years in advance of the 1929 stock market crash and lasted until World War II brought the country out of the Depression.

In the years before 1929, as more and more credit was extended to businesses and individuals the economy was sliding over the edge from available cash to way too much credit debt. When the amount of extended credit reached a critical level, and companies could no longer pay the credit bills, the companies crashed (the 1929 stock market crash.) When employees lost their jobs they could not pay their credit debts and the banking industries and housing market crashed.

All of the companies that were bought and sold during the depression by people with cash savings are too numerous to mention, but due to the war effort, those with cash savings who bought homes, land, companies, or purchased the stocks of the companies that produced products that were in demand by our government for the war effort made millions. These industries included such products as:

1. Iron, steel, aluminum and copper 2. Communications: radios and parts 3. Transportation: Aircraft, Tanks, boats and vehicles (and their parts) 4. Armaments: Guns and munitions 5 - Boots, clothing, belts, helmets, caps, backpacks, hats, blankets, tents and cots (and the textiles to make them) 6 - Containers 7 - Truck, railway and shipping transportation 8 - Oil and petroleum and the stocks in iol wells (the Texas oil boom was a biggie!)

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

My clients are paying off their credit debt and stashing cash savings with a vengeance. They are sleeping well at night and can make it through whatever comes. What are you doing to prepare for the economic crisis that is now 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"