<span>Both the Great Depression and the
2008 recession were characterized by a
massive run up in asset prices followed by an incredible deflationary pressure sent
both debt and equity markets into chaos.</span>
The difference is that the Federal Reserve did little to save
the economy during the Great Depression whereas the recession of 2008 was
marked by massive bailouts.
The boycott led to Montgomery being ignored by the movement. The boycott started a massive nonviolent movement. ... The boycott ended segregation in public facilities in the South.
