1929 Stock Market Crash (Part 1)

[rlichota1]

It it great stuff.

Robert Lichot

[FreeSTOCKnolossROBOT]

THANK U

I have free STOCK robot...

[mossmusic]

very interesting. Ominous....

[bxccapricorn]

yeh keep buying things on loans n interest n keep buying things that billionaires make for u to buy like nikke, mcccdonalds, walllmaaart, n etc all i can say if you demand more then u get more like asking how much r u willing to donate from every dollar i spent in ur product or business to the needy n community in general i bet nothing cuz they r greedy as ever n will be n don care for the poor.

[ani451]

sightly off topic from the purpose of the video....but what is the hilly boardwalk thing the cars are on at the end? just thinking it looks fun/interesting...

[PrayerMantle]

What I would like to know is why no one ever tells about the 24 hour loan recall by the banks that the people had borrowed to make the investments in the stock market.?

[ST8URCASE]

@PrayerMantle because the bankers dont want anyone to know the truth

[StockMarketVideo]

GREAT VIDEO!  Thanks for sharing!

Happy Trading!

[deltapunk21]

MORE LIES THERE WAS NO GREED AND RGEULATORS ARE THING THAT CAUSE STOCK MARKET CRASHES AND DEPRESSIONS ESCPECIALLY ONE NOTORIUS "REGULATOR" THE FED RESERVE THE STATE RUN CURRENCY MACHINE that FUCKS up everything.

The "bankers" fell victim to socialism courtesy fo Woodrow fuckin wilson

[The7legacy]

3:11

Youll See.

Youll See.

You'll See.

[ladyinpink5]

This was on American Experiance

[TheElizawithaZ]

Does anyone know the music titles used in these movies?

[deltapunk21]

Ugh no bankers, anaylyst, and the liek od not fall victim to so called greed they fall victim to keynesianism marxism and leftist bullshit ranging from massive inflationary gov spending to easy credit to gov regs that force banks to make bad loans combined to together to cause a false economty to created with a large sector of it something to be called "sub-prime" loans aka loans that don't get paid back nothing prodcued, debt and throwing money into a gigantic statist blackhole.

[ChesterDoraemon]

all i have to say is fuck em all. i'm having fun pillaging their 401k's and IRA's lol. Reverse mortgage that shit... your rotten kids don't deserve it.

[rndllhllw]

Nice work. keep it up. mean time come for social media marketing for esteembpo**com

[stewiegriffin840]

lol i just watched this vid in my 9b social tudies class 2day lmfao

[MortalAndKnowingIt]

and i think that little fact says everything about US educational system ... no offence ...

[mongobobo]

Ladies Home Journal had their own Jim Cramer back then.

[sdz1986]

it doesnt mather who the president is the banks are in charge and other filthy rich people around the globe and if the president really wanna change that system he probaly get shot don't believe politics

[brandon98188]

First off, Your more scared of Obama than I am of retard Bush. I agree Obama did lie about some of his promises, but the first Black President can't be a flaming liberal, he's got to be kind of conservative to get re elected. the subsequent future black presidents can have Cart Blanche. There not the same. Bush never talked about or tried to create jobs. Never gave tax relief to the 95% of all americans. just the rich mofos. Obama will suceed.

[jewels2uu]

Quit buying the media lie about the bush tax cuts! It was one of the FEW things I agreed with that Bush did.The Section 179 increase was GREAT for the economy and added jobs. It made the equipment company I worked for THRIVE! A biz could all the sudden write off over $100k per year for new equipment vs. $24k before. IT CREATED A LOT OF JOBS my friend. My problem with taxes is the A.M.T. that the repub's had 6 years to get rid of and DID NOT! 95% getting relief under 0...LOL! U r joking right?

[brandon98188]

Hey "Jewels2me" I don't have exact numbers to provide, ironically the same as republicans on the budget, but I do know the AMT tax is good. by taxing the rich, the more money for the economy. It was meant for the few rich people we had in the old days, now theres way more rich people so it's to imposing but it's still good for the economy. Rich people don't need to save money. The Clinton days were a good balance of rich and poor. I don't need to be left of Democrats, there doing a good job.

[jewels2uu]

it effects people who make around $70k and up. THAT'S NOT RICH! I used to make $150k and quit my job because it was so much money to the government and I was working my ass off stressed out all the time in a high-pressure job with no life but work. Why bother when the gov't gets half of it anyway? The gov't can suck it! This high taxation makes people say, why fucking bother!

[boazrg]

Every quarter I send the Treasury five thousand dollars or more. I make a respectable living, but the money buys barely half of what it did forty years ago. I would almost be better off as a bus driver or a cop, because I would not have to spend cash for office expenses, etc. This is not a tax structure that will encourage people to work hard!

[AndersonFinancial]

I think this is a must watch for anyone in the business

Managing Expectations deet coom

[AndersonFinancial]

I totally love this I collect Zeplin stuff and have a Piece of one - very kewl

[marginallymental]

Joe Kennedy was an awful, awful man (really--many dems think so, too), but he got out in 1928. He said he got to thinking about having all those kids and all those houses and no cash. Whether or not he had insider info, he said the wisest thing anybody could:

ONLY A FOOL HOLDS OUT FOR TOP DOLLAR.

There. Remember it. I didn't, and I can't sleep at night. Can you? Maybe if we tell our kids--or if our kids can't go to college--they'll remember. Boy, will they remember.

[brandon98188]

Hoover Republican

Bush Republican

Basically stop voting republicans.

[jewels2uu]

Oh, you really think there is actually a difference between these two scumbag parties? They are both bought and paid for by the same puppetmasters who really run this country. I'm so tired of you partisan idiots. Dem's SUCK! Republicans SUCK! Quit being so fucking dumb.

[brandon98188]

I'm tired of jaded people lumping Democrats with asshole republicans. Even a corrupt Democrat creates more jobs than an honest Republican

[jewels2uu]

You are out of your mind! Politicians don't create anything...they steal from someone to give it to another....and they take their cut for doing so. Small businesses and companies create jobs! You must be a product of our foul and crappy liberal education system. The mafia (government) has you convinced they creat jobs when they are simply stealing your labor to give it to their favorite group which is AIG and bankers right now. You enjoy working for bankers?

[brandon98188]

Hey "Jewels2me" So your saying it's just a coincidence that jobs always disappear when republicans take over and they some how reappear again when Democrats takeover. Ofcourse business create jobs but why do they create jobs when Democrats run the white house. And republicans vote against funding education in the states so ofcourse it's crappy. Why did you republicans vote in favor of AIG to not vote for the 90% tax on it. 60 percent of republicans. I support big govenrnment

[jewels2uu]

Big gov't brought you this mess. If I wanted to use your simplistic argument about jobs..actually jobs have been really disappearing rapidly since Obama took office and jobs grew like crazy when bush was in office...especially 2001 through 2006. there's so much more to it though. when gov't is so big, only big companies get a seat at the table. why have both admins thrown trillions at banks and gave crumbs for eduction and infrastructure? a new bank bailout is coming out this week, too!

[jewels2uu]

Bush...worst prez in history...until NOW! Obama sucks! He's a corporatist who's making Bush's banker welfare look like baby shit.

[brandon98188]

Bush had to create jobs in 04 to get reelected. but after a coulpe of years he let the economy tank because he knew he was a lame duck. Obama is not a corperatist compared to Bush. Once the jobs come back, what are you going to say then.? The stock market is already rebounding.

[jewels2uu]

Both parties suck!!! However, it's funny to see idiots like you defend Obama & the Dem's when they're stealing trillions to give to wall street...AIG, etc....the same people who got us in this mess. Debating you is like trying to explain the theory of relativity to a chicken.

[brandon98188]

Hey "Jewels". I might not be a genius but I know the difference between Democrats and Republicans. If Demos suck than republicans are scum of the earth. Everyday they tear down at Obama and keep working people from coming up. Just admit a democrat can handle the economy better than a republican.

[jewels2uu]

I don't see much diffference between bush your sacred o. The reason I voted dem across the board in 2006 was to end the iraq war, end the wiretapping, end the patriot act. I'm still waiting for all those. Now, we just get more spending for nonsense, bigger gov't & an expanded war in Afghan. WHY ARE WE THERE AGAIN? O sounds just like bush when he explains it! O said he would pull troops out immediately from Iraq when elected, now he says the same time line bush said! He's a scumbag like Bush.

[SarmVX]

thanks this helped me on my homework

[RideMyBMW]

min. 0:05 Why do those kids playing by the open hydrant make me feel so sad ? Its weird...Its like the loss of innocence for an entire generation.

[crb4059]

This aired a few days ago on PBS, although the doc. originally was made in the 1980's. It was ABSOLUTELY frightening to hear the parallels from the '29 crash and today. Bank failures, margin calls, false euphoria, unemployment.

[crb4059]

Pre '29 crash prices didnt recover until 1955, forget about even adjusting for inflation. I believe we will see rock bottom dow composite of around 6000's or upper 5000's.

[thaibites]

Thanks for your "expert" opinion, Nostradamus.

Can you tell me if I'll get laid in the next three weeks? I don't want to waste money on condoms if there's no chance.

One more thing, please. What will my blood pressure be in 2018?

Thanks!

[RideMyBMW]

"Thanks for your "expert" opinion, Nostradamus.Can you tell me if I'll get laid in the next three weeks?" - Thai

LOL!!! xD!!! Dude, you´re debating "Toobies"

for cryin out loud. Ya honestly think ya gonna get any this century ?

[SouthAuck]

Yeh, but that doesn't mean that there isn't good money to be made on the market. For example, it the market take 7 years to get back to where it peak, that a compound return of around 12% pa. The further it falls, the more money there is to be made!

[NanOTubeU]

nobody buys during the crash. they sell short thats when you make money on the way down. read a book or two, jesse livermore I believe did pretty well during the crash. these days they who they are... (wink) they buy unltra shorts that go up when the market goes down.. be carefull what you wish for.. some things are better left unsaid.. .. so my advice is learn now profit later.

[allentazwell]

What they don't tell you is, the worst of capitalism was better than the best communism. Then 85% of u.s. lived on the land

nothing change for them till FDR scewed the farmers.

[mungcray]

yeah, his dad was wise. if everyone is in it. it loses it's value. all the thing that are abundandant are cheap.

[POKVARENISIR]

does anybody know the name of this documentary, b/c i would like to use it for my research paper???

[bscottb8]

"The Crash of 1929" -- a production of Middlemarch Films for The American Experience (PBS).

[POKVARENISIR]

thank you, i have a paper due in causes of 1929 crash, and this doc should help a bit

[blaziermissy]

If you won't to do a factual and truthful research paper, you should look into how the Federal Reserve CAUSED the depression. That would be a scholarly paper!!

[POKVARENISIR]

along with the gap between rich and poor, federal reserve will be another point i will argue...this helps...tnx

[RideMyBMW]

Solution ? Default on ALL sovereign debt AND re-tool our manufacturing industry. Out of the four candidates, Sara Palin`s the only pol who`s got the guts to pull that off. Seriously.

[mindprism]

-- Out of the four candidates, Sara Palin`s the only pol who`s got the guts to pull that off.

Why, does she have a bulletproof head?

[RideMyBMW]

Sara`s got 91% approval ratings...She`s the only pol who can pull off the "neutron bomb solution" : Default on ALL debt (credit pardon for everybody) AND re-tool our manufacturing industry.

[lizkel]

I'm not well-versed in all this stock market stuff so don't judge me.

But I was wondering who buys during a stock market crash? If during a crash everyone is panicking and getting rid of all their investments who is it that they're selling it to? Are there always people who buy and not sell during a crash?

[RideMyBMW]

"But I was wondering who buys during a stock market crash?"

Dudes that fly solo, no family , no major debt, got time ta kill and are LIQUID. In other words : Vultures.

[Ba101]

The rich do.

[emerson134]

Just an update...Actions taken this week are identical to October-1929. We are living through history folks...History that you see here in these videos...As Livermore would say, never let a good opportunity pass you by!

[LaRoucheisright]

The solution now in our time is similar to what FDR did. It is best expressed in the proposals of Lyndon Larouche and his youth movement. Anyone who hasn't viewd the 1932: Speak not of Parties, but of Universal Principals (A True History of the United States), and shared it with all your contacts please do it now! All we need is for the congress to listen to Mr. LaRouche. The "Home Owners and Bank Protection Act", must be enacted.

[brainonnow]

Napoleon Hill ("Think and Grow Rich") commented: When the stock market crashed, I had four friends who committed suciside. I lost more money than any of them but knew I could take this opportunity to learn more to earn more, and get my money back.

If you've worked for it in the first place (not inherited or lottery) you know you made it before and can do again. If not, you feel all is lost thus take drastic measures.

[cybertrader69]

1929 sounds alot like 2008 lately.

watch out.

[ghost60269]

what are you talking about? lol.

do you know the difference between a depression and a recession? wow. even though the media says we're in a recession, we are not. we have two consecutive losing quarters but now we are rebounding and US dollar strength is up and oil is down. check the facts.

i would say we are in a credit crisis but not a recession. do you know what's a credit crisis is? (hope you do).

[Gollywog]

do you know what caused the asian recession of the 90's - credit crisis and bankrupt currencies

[ZXT3V]

Have you seen the stock market lately it keeps going up and down its been doing this since last year check you facts.Were in a recession no doubt about it prices have risen but wages aren't.

[dam2630]

emerson134 - you know your shit, man; couldn't agree with you more... scary times.  Stagflation and the unwinding of alot of bubbles, and the American conumer doesn't have the piggy bank they've been using for the past ten years (their house) to buy their way out of it....

[emerson134]

Thanks dam2630.I am even more disturbed with the U.S. Congress, whom have sat idly by while allowing for a private bank to continue to distort economic conditions through money supply manipulation via debt. But after watching Bunning yesterday, I feel better about the fact that the pressure is going to build on the U.S. Congress as the economy continues to deteriorate. If our money is to be destroyed, then only the U.S. Congress has that authority, not some private bank or other organization.

[prodigee411]

the crash was in the charts; the strong hands were letting the weak hands push the market higher. It's a wonderful technique called divergence.

[dam2630]

Just remember when comparing current day market sell-offs to the Depression - the S&P fell 90%, yes, 90% check me on this - and the major averages did not recover to the 1929 highs until 1954 - 25 years - a generation.... That's a Depression, dude, that ain't no 'buy the dips'..... that's why our grandparents hid their cash under the mattress, man...

[DeBunker7]

Yes, and I'm glad I posted this video, it makes us all stop and think. I want to know what you think of this new plague to hit wall street: Naked short selling. It is used to drive down the price of a stock by bombing it with sell orders, selling even stock beyond what is outstanding ie. that doesnt actually exist. The SEC know about it. Is in on it, and if they try to stop it the whole house of cards will fall. Get ready folks!!

[dragonheadofthewest]

@DeBunker7 no way short selling is good it stops manipulating the market and they cant pump up the prices like they did in the old days of livermore, when they pumped up prices unnaturally to sell overpriced stocks to idiots..... short selling prevents that,... short sellers are the best people on earth and i wish you could short sell every stock market there is... besides optionsellers are rip offs... you they make unfair prices... short selling makes the prices nice and fair even of options

[jingling30]

My mom ate potatoe soup for 2 years straight.

[endlessmountain]

Thank you for u/l'ing this video. One day we will figure out how to successfully run a market. The dow is at 13K now and is it in a bubble?

[reinaldihno]

wow. more average people were in the stock market than now. wonder what else we are heading into that has already happened in the past. i was born in the mid eighties and can't even imagine what hard times could be like

[DeBunker7]

My Dad was a young married guy in 1929, he returned to hunting-gathering and trapping and also raised a big vegetable garden. There was no welfare or social safety net then, and people actually died in the streets in some large cities.

[dragonheadofthewest]

@DeBunker7 short selling practically always exist on the future market and the future market has much better much more eficent prices all is fair and has much better reflect the real price while stock market doesnt... short selling is the fairest thing one can imagine thats why they want to get rid of ir because it makes the playing field more equal

[erikinhawaii]

I agree with Jack...

[JackNeedles]

Get used to lookin' at this because we're going into another major deression. This one will make 1929 look like a walk in the park.

[zenithomega19]

...but I don't think it will last nearly as long....

[mkreisel]

1987 crash had a lot more similarities with 1929 crash than in year 2000.

[PeakedEarth]

Thanks for posting this. I'd never seen it. Some great video shots. Thanks again.

[secretbonus]

and I mean similar to the headlines of now a days

[secretbonus]

I saw this video way back when showing all the financial headlines and quotes, and it compared some crash, I think housing crash headlines to modern headlines and they were so similar it was shocking

[emerson134]

Also...Wanted to know if you can post the first part of the program that talks about Livermore and others before the Crash. Thank You!

[emerson134]

Thank you for posting this American Experience video on the 1929 Stock Market Crash..Unfortunately, it looks like it is about to happen all over again...Livermore must be looking down in envy.

[lefty1999]

?? it did happen again already back in the year 2000.

[emerson134]

True enough..It did. But the actions of the Federal Reserve lowering rates to an insane 1% by 2003 further inflated a debt bubble (with Real Estate used as collateral) that was not allowed to correct itself. The 3rd bubble in 10 years now (commodities) is another attempt to forestall the inevitable unwinding of a massive debt bubble. Unfortunately, two primary assets are already in free fall and only commodities are holding part of the debt bubble together tacitly for now.

[lefty1999]

I actualy do agree with everything you said and as a trader i hated just hated how everyone called Greenspan a maestro..

but i knew this back in 2001/2002 ... still the NASDAQ crash is epic anyway you slice it