|
Title: 'Don't Panic, Stocks are Safe!' View count: 26238 Rating: 5.0 (27 ratings) Description: Economist Professor Irving Fischer explains that the stock market crashed due to high expectations- not high stock prices. Too many speculators were playing the stocks with borrowed money, resulting in a run on the banks. 80 years later, the banks are speculating with borrowed money and investors are running away from them. Tags: great, depression, stock, market, crash, regulation, wall, street, business, nyse, Author: KodaCodec |
