Wednesday, April 11, 2007

1929 STOCK MARKET CRASH PHOTOS

Economist Views : 1929 MARKET CRASH PHOTOS

* 18-Year Old Mother from Oklahoma During the Great Depression



Source :: http://history1900s.about.com/library/photos/blyindexdepression.htm

160 comments:

Anonymous said...

This is so sad and depressing i wonder why no one would attempt helping such a young mother.

Anonymous said...

this is such a said pic... and we are learning about this in school.my teacher says that this is her favorite picture to show the class. & she said that it is really sad and that someone should of helped her out=[

Anonymous said...

this is such a said picture and what is the little boy eating??

Anonymous said...

ya its a sad picture but realize that everybody was in similar situations. who could of helped her??? the answer is there is no help. when 1929 came around and the depression hit, America's economy went into a downward sprial and since most of the blame was placed on Pres Hoover so the sprial continued untill FDR came and with his New Deal started to turn things around. These kind of pictures make me sad, but nobody could do anything. Our grandparents went through Hell.

Anonymous said...

u f.ckin bytchez...GET OVER IT!!! HAHAHAHAHA

Anonymous said...

yes true but the results of black thursday were ineveitable there was no way to stop american society from buying all the stock on margin

Anonymous said...

this a happy pic, she looks awesome

Anonymous said...

Yes this is a sad picture.. But it is also a reminder of could happen again. So save your money..

Anonymous said...

omg i cant belive people went through this. and its gonna happen again cuz the govenment is stupid and obama is terribale cuz hes gonna let that happen and that poor little baby but people should have fun while we still have money rather than keep thinking about whats going to happen enjoy wut you have dont depress on somthing that hasent happend yet.

Anonymous said...

Saving money was part of the reason people lost everything. When the stock market fell and everyone tried to get their money from banks, the banks collapsed. They didn't have the money on hand to give to everyone, they had invested it all. And besides, even today banks can only guarantee 100,000 dollars of your money will be there for you. When we go through another depression, that isn't going to last long. And also, the reason no one was helping her was because people barely had enough even for themselves. They couldn't afford to give food or money to a foolish young girl and her young son. She was foolish to take the risk of getting pregnant anyways.

Anonymous said...

The comment left at 2:04 pm...

"govenment is stupid and obama is terribale cuz hes gonna let that happen"

Not sure if I understand. 1) It has already happened because of the government that we have in place right now, and the mis-management and greed that has been created by favoring big business over the "little guys" -- like you and I, 2) I'm pretty sure, if I've been paying enough attention, that Obama would like to try and "fix" the situation. First, he's proposed bigger tax cuts for people making under $250,000 a year, whereas McCain is going to stick with tax cuts for the wealthy only. Second (and I could go on), Obama favors government programs that would help people in this situation, much like the New Deal.

We're already headed down this road, and it's not the fault of those who are not yet in power. I truly believe in my heart that Obama does not want this to happen.

Anonymous said...

other sad... but try understand why is market crash in 1929 and 1987 and almost in 2008 you see its all republicans fault for being screwing up, In 1929 its president Hoover and hes republican then in 1987 president Ronald Reagan hes republican too and last almost market crash in 2008 president George W Bush he is republican. and all republican only one screwing up and thank god we got new Democrats Obama will help people bring their feet back. and I never vote republican.....

Anonymous said...

Is SAD and i dont understand WHY people did NOT come Together ,find a good place with everything you need,wood,water,good weather to grow food and WORK hard ,you dont need so much ,JUST come together ,when people come together and take care of eachother ,is NOTHING that can stop you ! I mean NOTHING ! but still sad that americans have not got that yet !

jenn said...
This comment has been removed by the author.
Anonymous said...

u peeps suck and don't know anything AT ALL!!!!!!!!

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Hi: Nice article, but couple points worth making:

a. We can’t confuse the evaluation of equities as a valid asset class with the timing of that investing. It’s true that investing in US equities at the present time – due to the run-up in the market, ultra low rates etc. mightn’t be a great idea. But in the grand scheme of asset classes, U.S. Equities are probably still a better than average vehicle to invest in, in the long run.

b. I want outsized returns: all discussions on return must be framed against a discussion of risk. The risk-return argument for starting your own business is very different from a risk-return argument on a well-run large cap company. I suggest readers both options logically and independently. Finally, i don’t think it is a useful attitude to approach equity investing as a gamble to hit the jackpot. The best, long term investors make solid singles and doubles that build into sustainable returns in the long haul.

I think you might have been better off titling the article:

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