There are two things you should take care of before opening a Roth IRA: 1  Tuck away at least $1,000 in a savings account for emergencies. 2  Pay off your credit card debt. At the very least, make a significant dent in your debt and have a plan for its elimination.
David O. Whitten, Auburn University. The Depression of 1893 was one of the worst in American history with the unemployment rate exceeding ten percent for half a decade.
THE GREAT Depression of the 1930s was catastrophic for all workers. But as usual, Blacks suffered worse, pushed out of unskilled jobs previously scorned by whites before the depression. Blacks faced unemployment of 50 percent or more, compared with about 30 percent for whites.HE GREAT Depression of the 1930s was catastrophic for all workers. But as usual, Blacks suffered worse, pushed out of unskilled jobs previously scorned by whites before the depression. Blacks faced unemployment of 50 percent or more, compared with about 30 percent for whites.