|PDF Title||:||Broken Markets|
|Total Page||:||183 Pages|
|PDF Size||:||2.30 MB|
|PDF Link||:||Read and Download|
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“Financial history tells us that all bubbles end in busts, often very nasty ones, but these are usually limited to one country and only rarely compromise the global economy.
Even the catastrophic bursting of the Japanese bubble economy in 1989, despite its lingering effects even now after 20 years, had very limited consequences for global markets.
What made the bursting of the Wall Street bubble in October of 1929 and the events that followed unique was not just the depth and duration of the economic pain in the United States, but that the market collapse was global in scope.
The events of the 1930s are a source of endless fascination and controversy because so many narratives can be constructed around its causes and effects.”
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