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8 of the biggest stock market crashes in history - and how they changed our financial lives
8 of the biggest stock market crashes in history - and how they changed our financial lives
Rebecca ReisnerDec 12, 2020, 06:25 IST
Stock market crashes, like the one in October 1929, don t single-handedly cause depressions, but they often expose weaknesses in the economy.ullstein bild Dtl. / Contributor/Getty Images
Stock market crashes can leave positive legacies in their wake even though they cause plenty of immediate pain.
In the US, stock market crashes led to the creation of the Federal Reserve System, the SEC, and the FDIC.
While the triggers for stock market crashes vary, the ultimate outcome is always the same: the market recovers.
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8 of the biggest stock market crashes in history and how they changed our financial lives Rebecca Reisner Stock market crashes, like the one in October 1929, don t single-handedly cause depressions, but they often expose weaknesses in the economy. Stock market crashes can leave positive legacies in their wake - even though they cause plenty of immediate pain. In the US, stock market crashes led to the creation of the Federal Reserve System, the SEC, and the FDIC. While the triggers for stock market crashes vary, the ultimate outcome is always the same: the market recovers.
Three little words strike more fear into investors hearts than anything else: stock market crash.
Malaysia
Japan
United-states
Thailand
Kellogg-school
California
China
Italy
Bannockburn
Illinois
Indonesia
South-korea
plus, new tape recordings of conversations between rod blagojevich and his inner circle are released at his trial. blair hull, i don t know what he does. but someone should ask for $100,000. more on the secretly taped conversations, coming up. and i m michelle kaczynski live in lima, peru. the latest on what joran van der sloot really said in his confessions. it s new beneful incredibites. uh-huh! it s just the way you like it made with wholesome grains, real beef, even carrots and peas. you love the smaller-size, easy-to-chew kibbles, and i love the carbohydrates for energy and protein for muscles. whoa! wait for me! ha-ha. you only think you re getting spoiled. [ woman announcing ] new beneful incredibites. another healthful, flavorful beneful.
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