Stock Market Crash of 1929
The 1920s were an exciting time. They were known to many as the Roaring Twenties. Social conventions faded away.
- Women went out with out chaperones, smoking and drinking in public.
- Public drinking took place during Prohibition in private "speakeasies."
- Liquor trade, much of it coming from Canada and going to the U.S. drove the crime rate up.
- What is money?
- What is stock?
- What is "trading on margin?"
How does this compare to today?
- Asset Backed Commercial Paper
- Sub Prime Mortgages
- Interest only mortgages
- Adjustable Rate Mortgages
- 50 year mortgages
- Negative equity
Additional Sources
page revision: 6, last edited: 12 Jan 2009 12:59