剧情介绍
A documentary exploring the causes of the 1929 Wall Street Crash.
Over six terrifying, desperate days in October 1929, shares crashed by a third on the New York Stock Exchange. More than $25 billion in individual wealth was lost. Later, three thousand banks failed, taking people's savings with them. Surviving eyewitnesses describe the biggest financial catastrophe in history.
In 1919, the US had emerged victorious and dominant from World War One. Britain and its European allies were exhausted financially from the war. In contrast, the US economy was thriving and the world danced to the American tune.
Easy credit and mass production set the tone in the roaring twenties for an era of consumption like none that had ever been seen before. The stock market rose and investors piled in, borrowing money to cash in on the bubble. In 1928, the market went up by 50 per cent in just 12 months. The crash was followed by a devastating worldwide depression that lasted until the Second World War. Shares did not regain their pre-crash values until 1954.
This is the story of a financial disaster that we hoped could never happen again.
Over six terrifying, desperate days in October 1929, shares crashed by a third on the New York Stock Exchange. More than $25 billion in individual wealth was lost. Later, three thousand banks failed, taking people's savings with them. Surviving eyewitnesses describe the biggest financial catastrophe in history.
In 1919, the US had emerged victorious and dominant from World War One. Britain and its European allies were exhausted financially from the war. In contrast, the US economy was thriving and the world danced to the American tune.
Easy credit and mass production set the tone in the roaring twenties for an era of consumption like none that had ever been seen before. The stock market rose and investors piled in, borrowing money to cash in on the bubble. In 1928, the market went up by 50 per cent in just 12 months. The crash was followed by a devastating worldwide depression that lasted until the Second World War. Shares did not regain their pre-crash values until 1954.
This is the story of a financial disaster that we hoped could never happen again.
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肥壮壮
1929年经济危机的回顾,29年导致经济危机的是股市的泡沫,现在危险的是房市的泡沫,特别是信贷市场的泡沫,金融市场确实还是需要监管的,但是监管的政府本身都没有信誉,那也很可怕。
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2020年12月27日
冬笑~~
好了伤疤忘了痛
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2020年12月27日
合纥
“借贷消费”运用到股市上的灾难,奋进的消费主义,过热的信贷市场背后是一片“大家赢”的假象,但一旦热到泡沫破裂,最终损失的可能都是底层的投资者。
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2020年12月27日