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 affected all aspects of society. By its height in 1933, unemployment had risen from 3 percent to 25 percent of the nationâs workforce. Wages for those who still had jobs fell 42 percent.