I have little knowledge of the stock market, but this article grasped my attention. Although it is centered around the differences between today's stock market and yesterday's, it has some valid information about the Roaring 20s. This person was probably not alive during the 1920s, like myself, but since they know what they are talking about, or seem to know, I take their words seriously. The Roaring Twenties was an age of radicalism. Not exactly the radicalism that existed during the reconstruction era, but radical as in extreme change. The stock market was a big part of that change and is a big part of today's economy. Americans' lives are run on money and the lack of it is disastrous. So when the great depression happened following the 1920s, Americans were devastated. Now we are struggling out of a recession and the two situations are now comparable.
-http://seekingalpha.com/article/2160643-the-roaring-twenties-are-back
Good connections!! There are a lot of financial parallels that can be drawn between today and the turn of the Century in the 1900's.
ReplyDeleteThat is cool and it relates well to the great depression. -Quentin Noble
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