Wall Street's Wild Ride: Lessons from the 1929 Crash

USASun Oct 19 2025
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The 1929 Wall Street crash was a big mess. It all started with too much easy money and people betting crazy on stocks. On Black Thursday, things went downhill fast. Panic spread, and soon, the whole world felt the pain. It wasn't just about numbers; real people lost jobs and homes. The crash wasn't the only problem. Bad policies, like high tariffs, made things worse. Some tried to fix things, but it was too late. The economy tanked, and many suffered. It's like a ship sinking, but not everyone jumped out the window, as some stories say. People back then were like today's big shots. They used phones to trade fast, just like we use computers now. Some were heroes, some were villains, but most were just trying to get ahead. The crash taught us that markets can be risky, and rules are needed to protect people. Today, we see some similar things happening. Easy money, new ways to invest, and even debates about taxes and interest rates. The past can teach us a lot if we pay attention.