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Rather it made companies and consumers very unsure about future income and so led them to stop spending as they waited for more information. It is nearly nil john kenneth galbraith the great crash of 1929. After 1929 so many people had been traumatized by the stock market crash that there was a lost generation. The stock market crash in october 1929 didnt destroy a particularly large amount of wealth or make people highly pessimistic. The end of the decline of the stock market will probably not be long only a few more days at most irving fisher professor of economics at yale university november 14 1929 in most of the cities and towns of this country this wall street panic will have no effect.
quotes about the stock market crash of 1929
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