The Review – Black Thursday, 24 Oct 1929

Parallels are increasingly being drawn between the Great Depression of the 1930s and the current situation. On Black Thursday, 24 October 1929, the Dow Jones index fell by 12.8%, the largest decline ever until the Black Monday crash of October 1987. By July 1932, the market had lost almost 90% of its value. Umpteen books have been written about the Great Crash, the fall that is generally regarded as having triggered the Depression.


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