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7min chapter
Boom and Bust: Ranking the Biggest Bubbles in History
Many Happy Returns
The 1929 Stock Market Crash: Causes and Consequences
This chapter explores the profound economic effects of the 1929 stock market crash, emphasizing its role in initiating the Great Depression and contributing to geopolitical instability. It recounts key events, such as Black Monday and Black Tuesday, while highlighting the systemic issues that exacerbated the crisis, including bank failures and flawed Federal Reserve policies. Through historical anecdotes and analysis of market speculation during the Roaring Twenties, the chapter illustrates the lasting impact of this downturn on investment strategies and perceptions of financial risk.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode