fashbasher
Banned
Think 2004 or 2005-level bad. This has a few potential impacts:
1) The devastation in Florida in the waning months of WWI (with a *Katrina hitting Miami and New Orleans in August 1919) probably comes too late to allow for a Central Powers victory, but the amount of effort the US must deploy in rebuilding the Southeast might allow them to make out a bit better. Maybe Austria keeps Burgenland or Hungary keeps more of Slovakia?
2) No 1920s housing boom and bust in Florida. While it didn't solely create the Great Depression, economist J.K. Galbraith acknowledges that it played a role in fueling that decade's speculative bubble.
Could you see a softer *Great Depression in the late 1920s without a Florida land boom and perhaps with a more muted national real estate bubble in the 1920s, and therefore less bad loans on the balance sheets of the nation's banks?
3) What impact does a major series of natural disasters in the Southeast have on the Spanish flu epidemic? I imagine it could. Could the devastation and mass dieoffs lead to an earlier New Deal in the 1920s?
https://books.google.com/books?id=k...tMBsoQ6AEIXTAJ#v=onepage&q=depression&f=false
1) The devastation in Florida in the waning months of WWI (with a *Katrina hitting Miami and New Orleans in August 1919) probably comes too late to allow for a Central Powers victory, but the amount of effort the US must deploy in rebuilding the Southeast might allow them to make out a bit better. Maybe Austria keeps Burgenland or Hungary keeps more of Slovakia?
2) No 1920s housing boom and bust in Florida. While it didn't solely create the Great Depression, economist J.K. Galbraith acknowledges that it played a role in fueling that decade's speculative bubble.
Could you see a softer *Great Depression in the late 1920s without a Florida land boom and perhaps with a more muted national real estate bubble in the 1920s, and therefore less bad loans on the balance sheets of the nation's banks?
3) What impact does a major series of natural disasters in the Southeast have on the Spanish flu epidemic? I imagine it could. Could the devastation and mass dieoffs lead to an earlier New Deal in the 1920s?
https://books.google.com/books?id=k...tMBsoQ6AEIXTAJ#v=onepage&q=depression&f=false