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Investing in US Financial History with Mark Higgins Podcast Part 1

CFA Society Chicago

CHAPTER

The First Great Depression and Rise of Wall Street

Exploring the impact of the first Great Depression triggered by a volcanic eruption at Mount Tambora, leading to economic collapse and speculative investments in the US. The conversation transitions to the rise of Wall Street, highlighting the paradox of individual losses benefiting the nation as a whole. The chapter also discusses the societal impact of economic depressions and historical events shaping world events.

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