American Experience Documentary Episode: The NYSE Crash of 1929
Based on eight years of continued prosperity, presidents and economists alike confidently predicted that America would soon enter a time when there would be no more poverty, no more depressions -- a "New Era" when everyone could be rich. It was a time when the stock market epitomized the false promise of permanent prosperity.
Based on eight years of continued prosperity, presidents and economists alike confidently predicted that America would soon enter a time when there would be no more poverty, no more depressions -- a "New Era" when everyone could be rich. It was a time when the stock market epitomized the false promise of permanent prosperity.
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