It's a little known fact that more millionaires were made during The Great Depression than in any other era in U.S. history. Do you want to know how they did it 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 news media regarding how tough the depression was on the masses and how diligently the Presidents worked to turn the U.S. economy around. It takes digging through stacks of research documents including the patent and copyright office files in addition to the Library of Congress to find a lot of the information. However, there is a lot of information available on the internet if you dig deep.

There's one golden nugget in this history lesson that can enable you to make tons 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 really began several years before the 1929 stock market crash and continued until World War II brought the country out of the Depression.

In the years before 1929, as greater and greater amounts of credit was extended to businesses and individuals the economy was tipping over the edge of the cliff from available cash to way too much credit debt. As the amount of extended credit reached a critical level, and businesses failed to pay the credit bills, the biusinesses crashed (the 1929 stock market crash.) When workers lost their jobs they in turn could not pay their credit debts and the banking industries and housing market 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 our government for the war effort made millions. The 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 - Truck, railway and shipping transportation 8 - Petroleum products and fuels and stock in those oil wells (the Texas oil boom was a biggie!)

Some of the well 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 just a preview in April to the tune of a $% billion bail-out) and the mortgage crisis / real estate crash.

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