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 13:21, 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.' "