Wall Street Stock Market Crash of 2008

Here is a video compilation of the Wall Street Stock Market Crash of 2008.  It’s really crazy because I looks very familiar to the crash in 1929.  Does this mean we are on the verge of another great depression?

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Is this economic downturn just what the doctor ordered?

Is this economic downturn just what the doctor ordered? Los Angeles Times The Great Depression that began with the stock market crash of 1929 was the economic low point of the 20 th century. The economy shrank at annual rates ... and more »
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Good health usually prevails in bad economy

If the recession has you worried about paying for visits to the doctor, here's a small silver lining: A new study strengthens the link between a bad economy and good health. The Great Depression that began with the stock market crash of 1929 was the economic low point of the 20th century. The economy shrank at annual rates reaching 14 percent, and unemployment peaked at 22.9 percent. The recovery didn't begin until the middle of 1933. And yet, public health was never better, according to a variety of measures laid out in a report by researchers from the University of Michigan.  Rest of article If the overall health of the general population improves, then premiums for health insurance should drop if insurance companies take this into account.  It is our opinion, personal injury attorneys help make the insurance companies more transparent by the light the shine on their actions which enables this to happen. Tags: , , , , , , , , , ,

Wall Street hopeful about 2009 to provide relief after real bad 2008

The last trading day of 2008 on Wall Street provided a finality to a terrible year.  We haven't seen an Wall St Crash like this — the worst since the Great Depression, wiping out over $6.9 trillion in stock market wealth. Six years of stock gains disappeared as the economy crumbled and markets crashed around the globe, shaking the confidence of professional and individual investors alike.  So what is going to happen this year.  Will Obama have an effect?  How about government bailouts in general.  Everyone on the street is sitting on the edge of their chair. Tags: ,

Lessons from the Great Depression


Lessons from the Great Depression
National Post, Canada - 4 hours ago
This is when the Wall Street crash is conventionally said to have begun, though in fact the market had been slipping since early September and had already ...
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Stories from the Great Depression

For some, it meant a stint in the Civilian Conservation Corps. For others, it meant scrabbling to reap a subsistence living from the soil, working wherever they were lucky enough to find employment for a few cents a day, making ends meet, as best they could, by making do. Tags:

Despite the G20’s Latest Missteps, Reason for Economic Optimism


Despite the G20’s Latest Missteps, Reason for Economic Optimism ...
Money Morning - Nov 19, 2008
For decades the public was convinced that the Wall Street Crash of 1929 caused the Great Depression. Indeed, it was two other factors – the Fed’s inability ...
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Very depressing, yes … Great Depression, no – The Age

The Age
Very depressing, yes ... Great Depression, no The Age, Australia - Nov 8, 2008 The substantial Wall Street crash of the mid-1970s is much more relevant. It was a crash driven primarily by an economic event - the rising price of oil ...
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The Great Depression of 2008 Not quite yet

NEW YORK: There’s something about hundreds of billions of dollars vanishing overnight that begs a comparison to the 1929 market crash and the Great Depression. Almost — but not yet.  It still has to get worse. Tags: , ,

The Real Great Depression

When commentators invoke 1929, I am dubious. According to most historians and economists, that depression had more to do with overlarge factory inventories, a stock-market crash, and Germany’s inability to pay back war debts, which then led to continuing strain on British gold reserves. None of those factors is really an issue now.  But there is things that are just as bad, if not worse. Tags: ,