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Martin's American History Blog

By Martin Kelly, About.com Guide to American History since 2001

Stock Market Crash

Thursday October 16, 2008
The stock market crash of 1929 resulted from many of the economic issues we are facing today. The use of credit and credit delinquency was out of control. The national debt was rising and the chances of another economic disaster were becoming more prevalent. Today we are teetering on the brink of depression with the hope that we can avoid another worldwide catastrophe. For an interesting look at the economics of the 1920s, read Professor Stanley K. Schultz's "The Politics of Prosperity: the 1920s."

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