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:
http://www.pbs.org/wnet/newyork/series/index.html
“Archival shoots took place at various historical and cultural institutions, including the New-York Historical Society, the Museum of the City of New York, and the Library of Congress, and focused on the filming of particularly rare or large-scale archival prints, lithographs, maps, and photographs”
Duration : 0:10:5
That’s what I …
That’s what I thought for some time, that the Great Depression and the market crash had nothing to do with each other.
At the beginning of the video, h
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check my channel for video’s about daytrading and trade like me in forex (EUR/USD, CAD/JPY etc.), stocks (coca-cola, phillips etc.), commodities (gold, silver, oil etc.) and indices (Nasdaq, Nikkei etc.)
Did any one hear …
Did any one hear Sears is closing 200 stores?Are they kmarts or Sears stores?I know they just struck a deal with Ace hardware to carry Crafftsmans tools
check out …
check out perfectpennystocks (dot) com
I agree 50%…
…
I agree 50%…
There is another crash coming…
but Gold may not be the safe haven most people expect…
If you look at trends… you can see that the dollar rallies as the market falls…
Stock market crash suggests a dollar rally (maybe even a longer term bubble).
Feel free to check out my channel, I mainly analyse the FTSE 100 market…
but implications are the same
There is rumors …
There is rumors that Wall Street will crash again and it will be like a nightmare. It will get worst as things comes together and infold. Stay away from stocks. Invest on Gold.
false farming …
false farming boomed up until the dust storms all caused by the fed’s inflation
Please watch my …
Please watch my video
It’s about climate change, earth catastrophe and our planet as we lives in.
Does climate change can affect economy growth?
watch?v=j7I_eFoIk64
The one place on …
The one place on the face of the earth that makes Jahweh shiver .
For this place is so accursed, even the Lord is frightened of it .
@jrs89 sorry JRS89, …
@jrs89 sorry JRS89, i just saw what you were saying as you were referring to the previous bubble of the early 2000′s i had thought you were referring to now and here.
I am sorry for the previous reply but it was hard to follow your comments since it was broken into mini blogs.
@jrs89 does anyone …
@jrs89 does anyone get the feeling that borrowing got cheaper? maybe the too big to fails got cheap loans, but, everyday middle class is getting interest rate hikes on previous credit loans, so who cares that borrowing is cheap for big companies, your taxes are going up, your savings produce no interest earnings, and lending is cut off for most small businesses and families, so. maybe i am reading your analysis wrong or maybe it is just wrong, i am not sure.
@jrs89
Herbert …
@jrs89
Herbert Hoover was a progressive. He didn’t cut anything! He put in programs just like Roosevelt did later. Look it up on google. “hoover’s response to the great depression”
Employment …
Employment continued to lag behind, so the FED continued to cut and borrowing got even cheaper. Housing prices began to rise which induced speculators. Appraisers were not independent; that had the incentive to overvalue property to continue getting business from banks and loan issuers. The mortgage market boomed to finance buyers or refinance existing borrowers. Experimentation with exotic financial instruments used to curb risk created systemic risks as the mortgages were securitized.
…And boom we’re …
…And boom we’re in the early 2000s recession. As with any economic contraction, the markets began to readjust to closer to their true values. During these times, there is a uncertainty and lose of confidence, so investment falls. The FED cut rates to battle unemployment. Coincidentally, there happened to be excess housing stock which was very cheap. Because borrowing was cheap, investors saw housing as a safe heaven in market of uncertainty recovering from over valued tech stocks.
The origins of the …
The origins of the current financial crisis start with the housing bubble which essentially pumped us out of the tech bubble’s recession after 9/11. The housing bubble originates in the mid 90s where people were making lots of money on the stock market right before it began to bubble. People wanted to buy houses. ‘Cause housing supply is fixed in the short run, major investment went into it. When the construction finished, the markets realized the tech companies were overvalued and pulled out
The recession is …
The recession is over. Job growth is an entirely different story. We didn’t make a full job recovery from the tech bubble in 2000-2001 until 2003 even though the recession lasted roughly less than a year. GDP growth has nothing to do with the labor market. Businesses can be selling excess inventory they’ve been stuck with and it will boast GDP.
All i have to say …
All i have to say here is history repeats itself… Oh does it ever.
I hope everyone is …
I hope everyone is paying attention, this sounds all too familiar.
Marvelous scenes of …
Marvelous scenes of ’29 New York. The street views are wonderful.
2:40 story about …
2:40 story about Bernard Baruke reminds me of the first time i saw that little baby on the e-trade adds.
I just hope that …
I just hope that the younger 20 somethings are paying attention to these PBS videos, not only are they relevant but might help the younger generation stop a repeat of this depression.
The recession is …
The recession is most definately over , it’s now the beginning of the depression.
Electronic account …
Electronic account system,
projection and graphing,
BR-0 com/accounts htm
without .’s or link off my page
Wow!!! get ready …
Wow!!! get ready for round 2 ppl. Why does the government keep saying the recession is “Over” no its not there are still ppl losing there jobs everyday. The best solution is to save up your MONEY. And not [PAPER MONEY] I mean [GOLD].
Wow!!! get ready …
Wow!!! get ready for round 2 ppl. Why does the government keep saying the recession is “Over” no its not there are still ppl losing there jobs everyday. The best solution is to save up your MONEY. And not [PAPER MONEY] I mean [GOLD].