My German Empire

On October 24, 1929, it was known as black Thursday.

Since 1919, the stock market that climbed all the way in 1928 has risen to 449 points and has reached an unprecedented peak. More and more Americans will put their bombs into the stock market, and the stock god wholesale appears. The stock market can be described as a hot summer.

Unfortunately, the summer is coming, will it be far from winter?

In June, the University of Brown University, Columbia University, Cornell University, Harvard University, Princeton University, Pennsylvania University, and Yale University, Jedaind Nairi University, published a notorious statement: "Military investors evaluation of New York Securities This amazing market has played a role. Their unanimous judgment shows that the current stock price is not overestimated ... The stock price will reach and maintain it in a permanent high. "

In August, the broker loan has reached $ 17 billion, and the crazy farce of Wall Street has not returned. People also thought that there was no end to the prosperity of the market. However, the prosperity is ending, only the risk is not at the end. And because of the risk unknown, it is more terrible.

In the first week of September, the market suddenly started to jump, although many people had already guarded the position in the contest, but the market collapsed in the clouds, there was already quietly shrouded over Wall Street.

On September 5, the US non-famous "statistical" Babson delivered a speech at the National Commercial Joint Annual Conference: the collapse will happen sooner or later, and it is difficult to contain. It is like a curse. At 2 pm, the New York Stock Exchange is put in a huge amount.

Who Babsen is also so mysterious?

In fact, Babers is not a famous stock review, his name is dazzling: educators, philosophical enthusiasts, speakers, statistical workers, astrology enthusiasts, economics enthusiasts and supporters of the law ...... In short, this person is a "big flicker"!

Afterwards, the market fell is not because of the prediction of Baberson genius, but because the market fell, people discovered that Babers had such a big drain word.

Wall Street also counterattacked Babson in the organization, but the US solid economy had a problem. Because of the industrial production index, steel production, traffic transportation is full, the depression inevitably becomes one of the topics discussed. Some people who are sensitive start to put the clearance, and some people plan to take over the low-level, more people hope that the speech of important people can help the stock market to escape.

Because the cloudy clouds that are shrouded over Wall Street have been clearly visible. When the prosperity of the stock market is about to come to an abrupt, the two incidents have knocked two heavy rest for this prosperous curtain, and they also gave up for four years. Depression I put two ghosts.

On September 20, 1929, Karaty, England, suddenly closed. Hart is an interesting figure unlike English. For those such as him, England often sighs, although he is also relieved in his finance in the financial industry in his early years. Hart Ruplely constructed a scale of industrial and financial empire in the 1920s. The most striking core business of this empire is to manufacture and sell coin-operated automatic cameras. Later, Hartley gave up these inconspicuous companies, and the change of investment trusts and large financing business. His hurts have largely thanks to unlicensed stock issuance, and they have accumulated assets by violation of stocks and other unregarded financing services. According to legend in 1929, the exposure of Hartley in London is considered to seriously affect New York confidence.

Another incident that is simultaneously passed on with the Hatt Event, that is, the Massachusetts Public Utility Bureau does not allow Boston Edison to split their shares into 4 shares. As with the company pointed out, the split stock is very popular at the time.

This is some irresponsible words. Imagine, these words may produce a serious consequence as Krarence Hartley. However, the unstable balance is also likely to be broken only due to spontaneous departure decisions. On September 22, the financial version of all newspapers in New York published a investment service advertisement with a leading black body: "Please don't stay for too long, the bull market will not reproduce". This advertisement can be understood as: "Most investors have made money in the bull market, and it will inevitably be adjusted by the next stock market to erase all profits, and some even have to suffer net loss." The federal reserve industrial index declined, Haseli Dynamic exposure or Massachusetts utility bureau is not normal, it is impossible to provoke 100 people, then hundreds of people, and finally thousands of people have ended the bull market. Ideological concerns. We don't know why, first triggered investors' concerns. However, we understand that this is not important to cause investors' concerns.

These two events account for the head version of the news, and trigger an uproar, because it exposes people's share price may have a foam, give people a loud slap in the sleep, but the stock price does not have a sound, the elites of Wall Street The stock market is healthy, the stock market is not stopped, and the cloud cloud is unstoppable. The only uneasy is that the stock price falls.