Mortgage Bust - News for the New Depression
Monitoring the economic fallout‘Depression II?’ News
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Great Depression 2008? Not quite
The US consumer is finally broke
Why This Recession Will Be A Doozy Henry Blodget | Oct 19, 08 10:22 AM The last recession was mild. The stock market and corporate profits tanked, but consumer spending--long ...
Fighting The Last Depression While Ushering In The Next One
Source - www.clusterstock.com - So why isn't the bailout working? They say generals are always fighting the last war. Now Ben Bernanke, who was a financial historian before he became a World Saver, may be fighting the last depression. Unfortunately, our current economic crisis is not like the ...
Video - Miami condos dropping prices over 50% still not selling
Main Causes of the Great Depression
Main Causes of the Great Depression by Paul Alexander Gusmorino III May 13, 1996 The Great Depression was the worst economic slump ever in U.S. history, and one which spread to virtually all of the industrialized world. The depression began in late 1929 and lasted for about ...
Lessons from the 1929 stock market crash
In October 1929 shares on Wall Street fell sharply following a speculative boom during the "Roaring Twenties". In two days the Dow Jones industrial average fell by 25% (ending on Black Tuesday, 29 October). The volume of stocks traded set a record that was not broken for 40 years. When it finally ...
Market loss adds to global fears
Video - DOW below 8600 Oct. 9: NBC's Brain Williams and CNBC's Tyler Mathisen discuss today's drop in the stock market of more than 600 points, adding to the loss of 5000 points in the market over the past year.
As Dire as the Times May Seem, History Isn’t About to Repeat Itself
A long streak of speculative lending got out of hand as banks and even staid industrial companies made a stream of risky loans. Consumer spending on cars and clothes was slipping, but no one was paying attention. The stock market grew shaky in September, and then in ...
Video Report - Fear and greed on Wall Street
Fear and greed on Wall Street Experts say that fear and greed are two emotions driving the recent roller-coaster ride on Wall Street.