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The most devastating stock market crash in the history of the United States; Its from my favorite documentary by PBS – New York. This particular part about Wall Street crash of 1929 is from episode 5 of the series with title: Cosmopolis there are lots of archive photos, footages and drawings throughout the series and in my opinion it was great work done with finding them. series website: www.pbs.org “Archival shoots took place at various historical and cultural institutions, including the …
1929 Wall Street Stock Market Crash
Posted by squeezeApenny on November 25th, 2009
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Would I be able to use this video for a history project?
i still don’t know what caused the Great Depression. Most Democrats vaguely claim that because people kept more of their money and the government supported low taxes, that caused a depression, which makes no since. Republicans say Europe failed and American banks gave money to Europe to recover but when they didn’t and farmers, bankers, and companies couldn’t pay back their loans. CRASH loss in confidence. Republicans seem to make more since.
Monopoly money is right but the consequences of that crash destroyed many lives. I think of people like Florence Owens Thompson depicted In the iconic photo taken by Lange entitled migrant mother. That was the reality of the Wall Street Crash.
They built the skyscrapers so that stockbrokers would have something to jump from.
14 billion dollars vanish? That $ never existed in the 1st place…. Margin = monopoly money. Banks = Monopoly Money. Corporations= Monopoly
Actually buying silver dimes with real silver content from the good old days will be a life saver when the engineered world wide crash comes in 2 to 5 years. think about it….
impossible -.-
the day we will destroy fucking banks will be a pleasure….
All ready now for another depression. Gold & silver will hold, other than that… no.
That’s never going to happen in our type of society/economy…at least not sponsored by the American corporation.
You know what .. every young, eager-beaver, money-hungry, “greed-is-good”, rising corporate executive, & rising banking-magnate, should have this extensive footage shown to them, day & night, nonstop, for about 3 days or so – before they’re permitted to be appointed to any higher-corporate company promotion / position. Maybe then, they’d properly realise the inherent social responsiblility that comes inbuilt, with the handling of other peoples’ money in professional business. ‘Nuff said.
History will repeat again coming months, be prepare citizens.
BourneAccident is somewhat right. The crash was engineered to create the fed. The Rothchilds and other bankers are our dark lords, But don’t worry, just go surfing. There’s nothing you’re gonna do about any of it. HAH hahaha.
Hmmm. . . interesting how the banks saved their asses durign that time.
It seems that they knew on thurday the 23 that the jig was up and with all the investors selling they KNEW that they could have taken a huge hit. So . . . they pumped in enough money to stabilize the stock a little on Friday and then while the stocks were somewhat stabilized they pulled out before being seriously hit.
Stocks will go up as well as Gold and Silver. We see the Dow bottomed last year at 6,600. The U.S. Dollar has had it and that’s why stocks are rising with Gold and Silver. Hyperinflation is around the corner and the stock market is reflecting this fact along with the metals. I like Silver ($588) better than Gold ($10K) but both are great investments and will return more money than the stock market (32,000).
Well if youre stuck sitting around watching YouTube videos anyway you might as well be making some money investing properly.. try the newsletter at authoropen . com
such a good documentary. nothing or nobody ever explained this crash to me quite as well.
Hate to burst anyone’s “bubble” but the crash of 1929 was engineered by the Fed. The crashed the market, retracted the money supply by 30% and the Great Depressions ensued. BUT GREAT FOOTAGE… really enjoyed that….
Glenn Cionek believes that the Great Depression couldn’t have been much worse than this
buy gold and silver… there is realy not to much time now anymore. and go out of stocks asap!
Who said history doesn’t repeat itself.? We are pack to square one…….Only this time the Government is in it as well………..
Ready for a replay?
Problem was that countries like Germany under Stresemann had grown prosperous, but from large loans which put them in a very bad position when the stock market crashed.
search for deep conscious capitalism
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