1929 Wall Street Stock Market Crash
The most devastating stock market crash in the history of the United States;
Its from my favorite documentary by PBS – New York.
This particular part about Wall Street crash of 1929 is from episode 5 of the series with title: Cosmopolis
there are lots of archive photos, footages and drawings throughout the series and in my opinion it was great work done with finding them.
series website:
http://www.pbs.org/wnet/newyork/series/index.html
“Archival shoots took place at various historical and cultural institutions, including the New-York Historical Society, the Museum of the City of New York, and the Library of Congress, and focused on the filming of particularly rare or large-scale archival prints, lithographs, maps, and photographs”
Duration : 0:10:5
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wavytv January 14th
Is the U.S. …
Is the U.S. Government really buying trillions of shares on the open stock market?; Really?
chaoswhat January 14th
Watch my video
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Watch my video
FREE STOCK PICKS DAILY
shaithis45 January 14th
all I can say is …
all I can say is the more govt. goes into debt, the less likely I’d put any investments into the Stock Market. That is just common sense to me with a govt. always in debt.
sharkloaner January 14th
Thank the jewish …
Thank the jewish bankers for all this poverty!
judutchinski January 14th
@markynj — This …
@markynj — This is way TOO familiar. The statistics vs the blind optimism. THIS is Crazy!!! IT’s time to fear the worst, know your gut instincts. The worst that can happen is you can be wrong and still have some savings left. If you’re lucky.
MuskratandRatman January 14th
@YesForHope
The …
@YesForHope
The stock market crash was not the CAUSE of the great depression. It was simply the final spark. Just like now the main causes of the new recession goes back to 9/11, then the Iraq war, gas prices, irresponsible loans, debt, higher taxes and inflation. I want to know where the depression STARTED.
mattt1ooo January 14th
BANK OF AMERICA IS …
BANK OF AMERICA IS THE MOST CORRUPT BANK IN THE COUNTRY!. Bank of America harassed me, ruined my credit, charged me over $800 in fees over a 10 day period, tried to humiliate me, and never stopped calling my house- all because of $50 overdraft!!
In one day I was charged over $250 in overdraft fees because of a company that took advantage of my bank account- BofA charges more fees than any bank in the World!
antediluvian99 January 14th
J.P Morgan had …
J.P Morgan had stated to the Congress in his address: “I’m not a monster…i’m just ahead of the curve. All these rules – do really think they’ll save you?!” It has been reported that J.P. Morgan had paint on his face when saying this. Leading to why many economists believe that this very truth influenced Senator Bob Kane to establish the Joker Act in the spring of 1940. [hiccup]
markynj January 14th
all through the …
all through the summer of 1929 there had been ominous rumblings, for months unemployment had been rising, automobiles sales and dept store revenues had fallen off sharply..and still on wall street delirious optimism continued un-dipped…..hmmm, almost too familiar
BeAnEarthNut January 14th
thats funny because …
thats funny because the real stock crash was in between 1932 and 33 it closed with a low of 42.840 in between29 and 30 the bubble burst with a hi of 380.330 and proceed to drop all the way till early 1932 with the low of 42.840, i love finding this kind of misinformation!
tribefan1093 January 14th
Would I be able to …
Would I be able to use this video for a history project?
MuskratandRatman January 14th
i still don’t know …
i still don’t know what caused the Great Depression. Most Democrats vaguely claim that because people kept more of their money and the government supported low taxes, that caused a depression, which makes no since. Republicans say Europe failed and American banks gave money to Europe to recover but when they didn’t and farmers, bankers, and companies couldn’t pay back their loans. CRASH loss in confidence. Republicans seem to make more since.
celticlofts January 14th
Monopoly money is …
Monopoly money is right but the consequences of that crash destroyed many lives. I think of people like Florence Owens Thompson depicted In the iconic photo taken by Lange entitled migrant mother. That was the reality of the Wall Street Crash.
celticlofts January 14th
They built the …
They built the skyscrapers so that stockbrokers would have something to jump from.
4xleaderLiveTrades January 14th
14 billion dollars …
14 billion dollars vanish? That $ never existed in the 1st place…. Margin = monopoly money. Banks = Monopoly Money. Corporations= Monopoly
fairman1952 January 14th
Actually buying …
Actually buying silver dimes with real silver content from the good old days will be a life saver when the engineered world wide crash comes in 2 to 5 years. think about it….
davidaero4 January 14th
impossible -.-
impossible -.-
yeah111ification January 14th
the day we will …
the day we will destroy banks will be a pleasure….
karlkarlkarl1234 January 14th
All ready now for …
All ready now for another depression. Gold & silver will hold, other than that… no.
xman4un January 14th
That’s never going …
That’s never going to happen in our type of society/economy…at least not sponsored by the American corporation.
colindominy January 14th
You know what .. …
You know what .. every young, eager-beaver, money-hungry, “greed-is-good”, rising corporate executive, & rising banking-magnate, should have this extensive footage shown to them, day & night, nonstop, for about 3 days or so – before they’re permitted to be appointed to any higher-corporate company promotion / position. Maybe then, they’d properly realise the inherent social responsiblility that comes inbuilt, with the handling of other peoples’ money in professional business. ‘Nuff said.
Chromegrillz January 14th
History will repeat …
History will repeat again coming months, be prepare citizens.
ihventura January 14th
BourneAccident is …
BourneAccident is somewhat right. The crash was engineered to create the fed. The Rothchilds and other bankers are our dark lords, But don’t worry, just go surfing. There’s nothing you’re gonna do about any of it. HAH hahaha.
konman001 January 14th
Hmmm. . . …
Hmmm. . . interesting how the banks saved their durign that time.
It seems that they knew on thurday the 23 that the jig was up and with all the investors selling they KNEW that they could have taken a huge hit. So . . . they pumped in enough money to stabilize the stock a little on Friday and then while the stocks were somewhat stabilized they pulled out before being seriously hit.
samlaunch January 14th
Stocks will go up …
Stocks will go up as well as Gold and Silver. We see the Dow bottomed last year at 6,600. The U.S. Dollar has had it and that’s why stocks are rising with Gold and Silver. Hyperinflation is around the corner and the stock market is reflecting this fact along with the metals. I like Silver ($588) better than Gold ($10K) but both are great investments and will return more money than the stock market (32,000).
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