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 economic collapse of 1929 known as the Great Depression caused widespread hardship throughout the United States. When President Franklin Roosevelt took office in January 1933, 15 million Americans were unemployed.he economic collapse of 1929 known as the Great Depression caused widespread hardship throughout the United States. When President Franklin Roosevelt took office in January 1933, 15 million Americans were unemployed.