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'Don't Panic, Stocks are Safe!'

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Uploaded by on Sep 29, 2008

Economist Professor Irving Fischer explains that the stock market crashed due to high expectations- not high stock prices. Too many speculators were playing the stocks with borrowed money, resulting in a run on the banks. 80 years later, the banks are speculating with borrowed money and investors are running away from them.

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Education

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Uploader Comments (KodaCodec)

  • 80 years later, the banks are speculating with borrowed money and investors are running away from them...

    Is this the "rule of alternation"?

  • Ha, I guess it is. No trend lasts, it just takes awhile to come back and bite you in the end

  • Hehe, look at the date of this video hehehe

    If someone had gone short and kept selling with the profits they would be retiring now......... at a 10% margin.

  • Someone was short, but is too young to retire

Top Comments

  • nice propaganda, just like now in the US.

    This guy reminds me of Obama...pretends that understands situation and tries to say things will be ok.

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All Comments (59)

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  • This man didn't know that the crash would spark the worst depression in history...he was foolish and ignorant.

  • lol Steve Liesman

  • hey look its fox news!

  • He looks like Kernal Sanders

  • It looks very interesting and informative

  • That man should have been ☭.

  • OMG! Is it me or does this guy look and sound like Ben Benarke?

  • NEWS FLASH UP-DATE::: ((( KV-A ))) DOWN TODAY DUE TO MARKET CRASH, IS AT ONLY $7.80 THIS STOCK HAS JUST BEEN APPROVED BY FDA FOR NEW DRUG AND HAS BEEN SKY ROCKETING OVER LAST WEEK SINCE MY LAST COMMENT! i BOUGHT AT AROUND $3.50 A SHARE AND HAS CHANCE TO HIT $20-$30 MARK AGAIN...WILL IT GO THAT HIGH? NOT SURE BUT I WOULD BUY KV-A NOW IN THIS DIP AT ONLY $7.80 A SHARE AND SELL AT AROUND $22-$25 TO BE SAFE!!!! BUY BUY BUY ((( KV-A ))) HIGH VOLUME STOCK IS SUPER HOT STOCK!!! ((( KV-A ))) GOOD LUCK!

  • I wouldn't give these bastards a penny for their thoughts.

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