Bubble, Bubble Toil & Trouble - Lessons from 1929; November 2019
Update: 2019-11-12
Description
Ninety years ago, in October 1929, the US stock market fell 24% in two days, the start of a slide that lasted three years and saw the Dow Jones Index fall by 89%. It took 25 years to recover its 1929 high. In this podcast, we discuss the causes of the 1929 crash and compare to conditions today. Could it happen again?
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