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.
Blacks in the Depression and the New Deal. The Great Depression of the 1930s worsened the already black economic situation of black Americans. African Americans were the first people to be fired from their jobs as they suffered from an unemployment rate two to three times that of whites.