What We Can Learn From Previous Market Crashes
It's Personal Finance Canada
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What Caused the Market Crash?
Interest rates, the overnight rate right now is currently only about two and a half. And this is where you canno seeco s of where we are to day. The 20 % rates didn't fully kick in untilaout 19 79. So essentially there were six really bad years going on before they finally forced up intrest rates.
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