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This book reexamines the economic crash of 1929 and compares the event to the modern stock market crash of 20082009.Twice in the last century the usually stalwart economy of United States has crumbledfirst in 1929, when the stock market crash that led to the Great Depression hit, and again with the financial market meltdown of 20082009 that is still crippling much of America. While it is still too soon to state unequivocally how this latest economic disaster came about, it is possible to theorize that much of what has happened could have been foreseen and even avoidedjust as it could have been in 1929.This book accurately describes the economic situations in the United States before the 1929 and 20082009 stock market crashes, and carefully examines the causes of both financial crises. This comprehensive assessment of both time periods allows readers to better grasp the present market situation, understand the connection between the explosion of the subprime mortgage market and the current state of the economy, and more wisely forecast the future.
⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer,
birth defects, or other reproductive harm.
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