Black Tuesday and a Return to Big Government
By Mike Whitney
October 29, marks the 80th anniversary of the Stock Market Crash of 1929, the event which most historians point to as the beginning of the Great Depression. On Black Tuesday, traders dumped 16 million shares in one day sending the markets into freefall. In the months that followed, stocks rallied--sometimes for long periods at a time--but the underlying economy continued to deteriorate as consumers curtailed spending and cut back sharply on credit.
http://www.informationclearinghouse.info/article23818.htm
http://freepage.twoday.net/search?q=Big+Government
http://freepage.twoday.net/search?q=stock+market
http://freepage.twoday.net/search?q=Great+Depression
http://freepage.twoday.net/search?q=Mike+Whitney
October 29, marks the 80th anniversary of the Stock Market Crash of 1929, the event which most historians point to as the beginning of the Great Depression. On Black Tuesday, traders dumped 16 million shares in one day sending the markets into freefall. In the months that followed, stocks rallied--sometimes for long periods at a time--but the underlying economy continued to deteriorate as consumers curtailed spending and cut back sharply on credit.
http://www.informationclearinghouse.info/article23818.htm
http://freepage.twoday.net/search?q=Big+Government
http://freepage.twoday.net/search?q=stock+market
http://freepage.twoday.net/search?q=Great+Depression
http://freepage.twoday.net/search?q=Mike+Whitney
rudkla - 28. Okt, 08:30
