Stock market crash: Difference between revisions

From Landmark
Jump to navigationJump to search
mNo edit summary
No edit summary
Line 2: Line 2:
The worst stock market crash in history  
The worst stock market crash in history  


started in 1929 and was one of the catalysts of the Great Depression.  
started in 1929 and was one of the catalysts of the [[Great Depression]].  


The Dow on Black Monday, Oct. 28,  
The Dow on Black Monday, Oct. 28,  

Revision as of 14:21, 24 November 2021

The worst stock market crash in history

started in 1929 and was one of the catalysts of the Great Depression.

The Dow on Black Monday, Oct. 28,

tumbled by nearly 13%

and declined by another almost 12% on Tuesday.

The Dow did not regain its pre-crash value until 1954.


The Banksters did it.

Thomas Jefferson said in 1802

"'I believe that banking institutions

are more dangerous to our liberties than standing armies.

If the American people ever allow private banks

to control the issue of their currency,

first by inflation, then by deflation,

the banks and corporations

that will grow up around the banks

will deprive the people of all property

until their children wake-up homeless

on the continent their fathers conquered.' "


--