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What We Can Learn From Previous Market Crashes

It's Personal Finance Canada

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The Great Depression

The great depression started back in 19 29. People came out of the roaring twenties, which is pretty well exactly what it sounded like. It was a great period of boom, and that never fail mentality had kind of taken over. After world war one, you had the dust bowl going on the states, with the droughts and commodity prices being thrown hay wire. Just everything kind of all hit at once. And it just sent the entire economy to a tail spin here.

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