WALL STREET CRASH – Outubro 1929 – Outubro 2009
VIDEO EM INGLÊS
http://www.youtube.com/watch?v=SbTMzM5cUsk
WALL STREET CRASH – October 1929 – October 2009
WALL STREET BEAR – TUMBLING – CRASHING – MARKETS
The Wall Street Crash of 1929, also known as the GREAT CRASH or the STOCK MARKET CRASH of 1929, was the most devastating stock market crash in the history of the United States, taking into consideration the full extent and duration of its fallout.
Four phrases – i) Black Thursday, ii) Black Friday, then iii) Black Monday, and iv) Black Tuesday – are commonly used to describe this collapse of stock values.
All four are appropriate, for the crash was not a one-day affair. The initial crash occurred on Thursday, October 24, 1929, but the catastrophic downturn of Monday, October 28 and Tuesday, October 29 precipitated widespread ALARM and the onset of an unprecedented and long-lasting economic DEPRESSION [worse than a Credit Crunch or a RECESSION but the third stage is a DEPRESSION] DEPRESSION for the United States and the WORLD.
This [deliberate manipulation] Stock Market collapse continued for a MONTH.
“Anyone who bought stocks in mid-1929 and held onto them saw most of his or her adult life pass by before getting back to even”.
—Richard M. Salsman
