Wednesday, 17 September 2008

The 'Wall Street Crash' of our time?

2008

You have all no doubt seen and read about the current financial problems around the world. Is this the Wall Street Crash of out time? What are the similarities/differences between 1929 and 2008?

1929

Hopefully history has helped you make some comparisons. Greed, lack of government regulation/involvement, a sense that the 'bubble will never burst', etc...

Check out this link for a picture history of the 'bubble bursting'.

And look here for information on the Causes of The Wall Street Crash, 1929 (click 'show hints' to reveal the information).

Superb video of the 1929 Crash.