The Crash of 1929 & The Great Depression (PBS) 6of6
It was a time when the stock market epitomized the bogus promise of permanent prosperity.
Video clip Rating: four / five
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The end is near.
So very true. Even with politics.
this will probably happen in 2011 or 2012
I fuckin love history! I could watch this and be entertained as if I were watching a cod gameplay
i learned in US history that this all happened due to basically gambling, people all over the world were buying stocks on margin and thinking they were going to get rich quick and pay the rest of the money they owed on the stock but it didn’t work out that way. and i agree with ACreativeRevolution 100%
today we are about to witness the same history again and in a much much worse scale
LEARN the stock market & how it works!! It doesn’t just affect the wealthy- it affects you and I as well very deeply. Learn about politics & our treasury and exactly HOW the treasury works. Lord, People, this was FEAR DRIVEN!!
You wanna blame Regan @tweetlebugzz?? JC We’re talking about the GREAT DEPRESSION here – Regan wasn’t the cause you dumb shit! He didn’t take office till ’81. God, at least learn the dates b4 U pass blame.
Yes we do need a president who will stand for America. Not that that the Fed was the problem then but it is THE problem now. The Federal Reserve runs the United States of America today. We the people are all puppets of the Fed. Do your due diligence research………………….
We need a president with an IRON FIST! One that crushes any nation and bend Wall Street over a chair to get them in the rear. Not these little scared squirrels like the Bushs’, Obama, Reagan, Carter, Ford, Nixon,Clinton. WE NEED THE MAN OF STEEL! These leaders were scared boys playing with Play-do while Wall Street sold America out! I’m not even sure if Wall Street are REAL americans anymore. Would they pick up a rifle to fight a foreign nation? No, they want to trade YOUR FUTURES! HAHAHAHA!!!!!
@godesseq2 Thats all Republican crap they taught you, little sheep. Lower wages, more hours, while billionaires take more and more hiring politicians to tell lies to your stupid little ears so you believe that crap. Want to be a good little sheep without at voice?; go to the slaughter without even so much as a “Bah, bah”. Children would still be working in coal mines if not for unions.I dont know what job you work, but unions dont rule much of anything in America anymore. Maybe 50 years ago.
even millionaires lost everything overnight too during the great depression as the value of the dollar & banks collapsed & they lost their businesses & customers too… now it’s a worldwide problems with massive national debts and china has now risen and wants the same cars and oil as the west and not enough resources for all the worlds populations, it’s a lot more serious this time as western nations are going bankrupt, which affects our trade with them too & the debts are astronomical.
@godesseq2
Talking points and anecdotal dreck are all you present. statistical aberrations
Unions keep the standards up for all. We are going backwards with wages and benefits, and that is because of union busting.
The only reason you will not have a job tomorrow, or get paid really low wages are because no one will be there to make sure that there are any rules of fair play.
They play everyone against each other. And the corps spend a lot of money to do so. Some people fall for it. Like you.
@godesseq2 “Deregulating business and breaking up greedy unions that are keeping companies from making a profit is exactly what you have to do in a broken economy in order to create jobs.” Deregulation and weak unions = shitty jobs. Take a look at Hong Kong!
@ACreativeRevolution are you compleately dilusional?
When unions are too stong they kill jobs!
My job is a perfect example of that. There are some horrible workers at my job that we can not get rid of because the union is too strong. So we are stuck trying to pick up the slack for our co workers. that in turn reduces production and costs the company money. We are also paid an extremely high pay that the business can not make up for. That means I may not have a job at all tomorrow!
Unions are killing jobs in America.
Businesses can no not keep paying the high salaries when they are struggling just to stay a float. So they send the jobs to mexico. If you dont have buisnesses, you dont have jobs period.
if you dont have jobs then EVERYONE is poor!
Deregulating business and breaking up greedy unions that are keeping companies from making a profit is exactly what you have to do in a broken economy in order to create jobs.
@ACreativeRevolution Amen
@tstruss912 Not only that but he had Alzehimers not long into his first term that started to effect his abilities. He was not “holding the wheel” much of the time.
We need again an actor elected president. Or better yet, a comedian. Actors are presidents, governors, actors operate on patients, win cases in the courtroom. Actors land on the moon. Actors are the epitomy of success who make more money than a corporation. Actors are the gods who make us believe that maybe, just maybe, one day, we too can have a slice of the American Dream. Actors are the true, and only heroes of America.
@tweetlebugzz “Reagan was one of our greatest presidents.” Seriously dude…you’ve got to be kidding. He was an actor who was LITERALLY a former corporate spokesperson. You think it’s a coincidence that his administration (not him of course – he was just an actor) raised protective barriers for corporations and busted up the unions?
@tweetlebugzz
Reagan started a chain of events that got you to today.
He deregulated, broke unions, and was a destructive force.
If you bothered to look, you would see what his policies have wrought over the years.
The rich are way richer, and the poor are poorer.
You learn some history. Not just the talking points.
What kind of insanity is this?? Reagan started it?? Are you MAD? How anyone can overlook the fannie mae / freddie mac connection and instead find Reagan at fault makes me appreciate how foolish people have become. Also, how can you make it tougher for businesses to produce and yet expect MORE production?? Like I said – insanity.
End the Fed!
MAKE PEACE YOU FOOLS! All this bickering! Pointing fingers….The depression will happen again..this I promise. The ONLY thing we have is each other.
this could of been allllll avoided,but no……enough said…history repeats itself
@vjwebster regan was the best president ever.
@vjwebster Regan AND Reagan, I should have said.