A History of the United States in Five Crashes
Stock Market Meltdowns That Defined a Nation
by:
Scott Nations
in:
U.S. History
Summary:
The book examines five significant stock market crashes in American history, detailing their causes, the events as they unfolded, and their impact on the nation's economy and psyche. It explores the 1907 Bankers' Panic, the 1929 Great Crash, Black Monday in 1987, the Dot-com bubble burst in 2000, and the financial crisis of 2008, drawing lessons from each about the interplay of finance, fear, and forward progress.
Key points:
1. Stock Market Crash Impact: The book highlights the profound effects of stock market crashes on the U.S. economy and society, including politics and culture.
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