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I want to find out the top ten jumping events in the stock market
1929 10 June10, new york still had a whole piece of white clouds floating in the sky, and Wall Street maintained its prosperity. As in the past, traders who opened their doors early in the morning shouted, tied their ties and took the subway from the stone house in Brooklyn Heights and walked into the stock exchange, which symbolizes the rise of American great powers.
No one realized that this was the last day of new york's wonderful time. From 65438+1October 1 1, the Wall Street stock market began to fall, and the new york stock market crashed on the most famous day in history: 65438+1October 29th. The Wall Street index fell from 352 to 230, and all the way to 1.932 in July. In the first four months of Roosevelt's election, there were only 465,438+0 points left, and the market value fell by 90%. The number of suicides on Wall Street is as high as 27,000, and the unemployed population in the United States accounts for 20% ~ 25%. American industrial output fell 1/3, and the Great Depression spread from the United States to the whole world. Tea, wheat, agriculture and forestry, and even stockings markets have disappeared.
The article points out that the countries listed by the League of Nations in 193 1 include Argentina, Australia, Finland, India, Czech Republic, Germany ... and even as far away as Japan. Brazil has become a capitalist country. In order to save the price from plummeting, local coffee growers burned excess coffee as coal for train engines, equivalent to the first generation of biomass fuel. Germany is even worse. The devaluation in Zimbabwe was completely staged in Germany after the First World War. 1923, the German monetary unit plummeted to one millionth of that of 19 13 ten years ago, and the value was equal to 0. During the period of inflation, an Austrian's insurance money finally expired, and he got a handful of banknotes, which was only enough for a drink.
The recession in the United States really ended from 1929 to 194 1, a total of 12 years. It was not until the war broke out again in Europe and the United States became their logistics factory that the signs of economic collapse came to an end.
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