Democracy is an illusion! It’s become a political system fostered by the élite, for the élite, in order to fool the people that they have a stake in the system. In actual fact, they have virtually none. The whole political system in the modern era, despite having noble beginnings, is now used to benefit the few at the expense of the many. – Mark Alexander, June 29, 2018
Showing posts with label The Great Crash of 1929. Show all posts
Showing posts with label The Great Crash of 1929. Show all posts
Sep 3, 2023 | October 24, 1929, the Wall Street Stock Exchange crashes, the greatest economic crisis of the 20th century suddenly breaks out.
Fuelled by frenetic speculation, and by the idea that everyone can get rich without limits, it puts a final stop to the euphoria of the 1920s.
America is then caught in a devastating cycle which spreads around the world a few months later like a malign infection. Documentary: 1929 - Part 1: The Crash Directed by: William Karel Production: ROCHE Productions
This BBC documentary from 2009 takes a fresh view of the 'Crash of 1929' and the subsequent global Depression, comparing aspects of that event with the most recent turbulence in 2008. Uploaded for educational purposes only. Any advertising that appears is unbidden.