Pellicano Articles
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.
Tags: Business, crash, Depression, Great, Market, NYSE, Regulation, Stock, Street, Wall
Posted in Stocks · March 11th, 2010 · Comments (25)
February 2nd, 2009 at 7:41 pm
THE OWNERS OF THE ‘PRIVATE’ FEDERAL RESERVE. ie Influential bankers…not government. This is a farce propgated by the government. Start with Rothschilds…they who own 550Trillion of global wealth…so you the serf/debt slave can keep their power trip alive. Obama can do nothing other than give money to the crack addict companies. Ron Paul had the answer…ABOLISH THE FED.
February 3rd, 2009 at 5:11 am
Banish the FED to jail. lol. but yeah somebody better be going. We could start with the rothschilds if you would like.
February 21st, 2009 at 11:21 pm
I was thinking the same thing!! LOL! I am looking at all of these 1929-1930’s footage now because it is so much a repeat of what is happening now~ just different characters!
February 26th, 2009 at 3:09 am
how the fuck are governments the ones to blame? they aren’t in the business of lending to people who cant pay back the money, and speculating.. THEY ARE NOW; AFTER THE PEOPLE FUCKED UP. It’s the Public as a whole that’s to blame. why the fuck do you borrow money, you know you can’t pay back. Just to steal, thats why. the Govt isnt in the business of speculating. they shouldnt be buying these shares. Let all the companies fall. as for the Fed. The Fed didn’t exist back in the 20’s.
February 26th, 2009 at 3:10 am
So why do you blame the Fed? Yeah maybe they did fuck up…because they did too much, that’s why. if they did too little, we’d still blame the Fed.
February 26th, 2009 at 3:43 am
1) Government manipulates the interest rates. This in turn makes money artificially cheap causing malinvestment (bubbles) which causes the boom and bust cycle. Without the FED it would be impossible for people to borrow so much money.
2) It is the FED that is preventing the companies from failing. They are bailing out all these companies causing an even bigger problem.
3) The FED was created in 1913.
February 26th, 2009 at 10:03 am
dahhhh *drool* i THOUGHT i knew that…i forgot, Bretton Woods and all that crap right?….well you made me look…uhh not a graduate of an Ivy league school. Anyways I was thinking gold-standard…and the FED which kinda got me mixed up. Sorry. believe me i didnt reasearch it after I posted my last comment. I just kinda say things before i think.
February 26th, 2009 at 10:03 am
ok, you made me look like a dumbass.
February 26th, 2009 at 10:06 am
hey thanks… i did my research because of you!
March 3rd, 2009 at 1:44 am
yea it did, it was founded in 1913
March 14th, 2009 at 10:00 pm
haha, “stock market was not too high” we hear the same shit 2day, but economy is to break down further, GM bankrups, Dow below 2000, and the Afghanistan and Irak war impossible
March 28th, 2009 at 2:00 am
The government knew, they are not the ones in control. people do not realize someone is making money off the markets going down they are making a killing! they always do, they make the paper that makes the markets. those derivatives are contracts. the banks might be losing money but the entity on the other side of those contracts is making a killing.
March 29th, 2009 at 9:46 pm
you dickheads, the stock market crash was a set up back then and it is now aswell
April 26th, 2009 at 2:10 am
White man speak with forked tongue.
May 16th, 2009 at 6:38 pm
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.
May 17th, 2009 at 11:40 am
“Economic crises have been produced by us for the goyim by no other means than the withdrawal of money from circulation.” – Protocols of Zion
June 8th, 2009 at 1:45 am
Don’t you mean George Bush? Obama reassures us, he doesn’t flatly lie in public. Please get your facts straight.
July 15th, 2009 at 9:59 pm
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.
July 16th, 2009 at 12:19 am
Someone was short, but is too young to retire
July 16th, 2009 at 1:57 pm
Who me?
September 26th, 2009 at 3:46 am
80 years later, the banks are speculating with borrowed money and investors are running away from them…
Is this the “rule of alternation”?
September 26th, 2009 at 3:24 pm
Ha, I guess it is. No trend lasts, it just takes awhile to come back and bite you in the end
September 30th, 2009 at 9:03 pm
Very nice video
He just forgot to say that it would take 15 years for the “great progressive improvement” to happen !
December 7th, 2009 at 8:56 pm
Every crisis we have endured has been a product of the ever-growing human greed.
January 13th, 2010 at 10:03 am
No return to boom & bust?