Why is it important to study the stock market crash of 1929?
Answer：
So it doesn’t happen again!
Ironically, the current mess we’re in is directly due to the removal, by Allen Greenspan, of the controls that were put in place as a result of the crash of ’29!
Greenspan has since “apologized” for mis-judging the market, and for having too much faith in human nature. I’m sure that all those people who are homeless now due to that moron’s tinkering with good government policies were very comforted by his apology.
Posted: August 11th, 2010 under US Stock Market.
Tags: stock market crash