What happened October 29, 1929?
On October 29, 1929, Black Tuesday hit Wall Street as investors traded some 16 million shares on the New York Stock Exchange in a single day. Billions of dollars were lost, wiping out thousands of investors. In the aftermath of Black Tuesday, America and the rest of the industrialized world spiraled downward into the Great Depression (1929-39), the deepest and longest-lasting economic downturn in the history of the Western industrialized world up to that time.
More Info:
www.history.com
What are your thoughts on this subject?
39 Comments

lls
My family's parents, grandparents and great grandparents were all affected...that's why those folks who grew up in the 30's and 40's had such great talents and survival skills!
22
Jun 14, 2019 7:38PM

Kath Thomson
And no-one learnt anything from it! Greed always seems to rule in financial circles.
7
Oct 22, 2019 7:04PM

Edie Koller
Sad day for my grandfather too..He lost almost all of his savings then and he was almost 48 yrs old then. he passed in 1959 too.
7
Aug 5, 2019 5:30PM

Cujo
The myth that people were standing in line to jump out of buildings was greatly exaggerated. So those of you humming "It's Raining Men" step back please.
0
Jan 3, 2021 3:07PM

GreedyJoel
Sometimes I pick the correct answer and it still indicates I chose the wrong answer. Also, note, both Hitler and FDR became heads of state in 1933.
0
May 2, 2020 8:44PM

galambos
My granddad would put his money in cans and bury it. Did not trust banks.
0
May 2, 2020 7:46PM

Cheryl McMeekin
It was a sad day for our nation, and so many perished!!!
0
Apr 29, 2020 3:10PM
Cynch De Lara
Please remove the rodent ( rats) ad!!
0
Apr 27, 2020 10:06AM

dan chesters
Affectionately known as BLACK TUESDAY :-(
0
Jan 24, 2020 6:59PM

dsneed
tesla alset, 👍
0
Jan 17, 2020 2:01AM

dsneed
This question has been asked so many times throughout my life in different forums that I don't even need to think to come up with the answer. Yay me.
0
Jan 17, 2020 1:57AM

patrhea
Dr. Bhoomz, AMEN!
0
Dec 15, 2019 9:28PM

Annie
The Greatest generation survived this and much more!
2
Dec 8, 2019 10:03AM

karen twirly
My parents and grandparents made sure we knew all about it. We felt the ripple effects of what they had to live through and survive.
3
Nov 27, 2019 6:15PM

Char
Knew that it was the year my Dad was born
0
Nov 25, 2019 7:30PM

jack patti go
Got iy! It is stuck, in my head from, It's a wonderful Life!
2
Nov 17, 2019 3:28PM

Criona Walsh
Got it
0
Nov 9, 2019 12:17AM

Dr. Bhoomz
"Black Tuesday".....We dodged a bullet back in 2008. Hope we never experience this again.
3
Oct 31, 2019 5:48PM
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