Dick Van Dyke Quotes

After 1929, so many people had been traumatized by the stock market crash that there was a lost generation.

I was lucky enough to see with my own eyes the recent stock-market crash, where they lost several million dollars, a rabble of dead money that went sliding off into the sea.

By March '87 we're down to seven thousand, by the end of the year we're down to twelve hundred. The whole bottom just fell out of the market. It was bad for me because I was in Australia at the time.

When the stock market crashed, Franklin Roosevelt got on the television and didn't just talk about the princes of greed. He said, 'Look, here's what happened.'

America had been a boom-and-bust economy going into the Great Depression - just over and over and over, fortunes were wiped out, ordinary families were crushed under it.

There may be a recession in stock prices, but not anything in the nature of a crash..

The Panic of 1893 was a dismal time of radiating destruction …. It was good for the bears …. the wild joy of men who shorted stocks and rejoiced in the ruin…

My father's money vanished in the Great Depression, and he had trouble keeping a job.

An entire nation, it seemed, was standing in one long breadline, desperate for even the barest essentials. It was a crisis of monumental proportions. It was known as the Great Depression.

They were the darkest of times, the years following the crash of the stock market in 1929. Thousands of people across the United States were cast out of their Jobs, off their farms, out of their homes and apartments, and into the crushing depths of poverty.

In the autumn of 1929 the mightiest of Americans were, for a brief time, revealed as human beings.

There was something superficial in attributing anything so awful as the Great Depression to anything so insubstantial as speculation in common stocks.

Alas, in 1929 came the Stock Market crash and everything changed and became worrisome. People started practicing conservatism because of financial losses, myself included.

Remember, 2000 was the year of the dot-com bust. The telecom industry lost about $2 trillion in market capital at that time.

If you had asked people in 1929, 'Here is what is about to happen. How much would you pay to avoid the Great Depression from occurring?' The answer is they would have paid a lot. They would have borrowed money if it could be used to prevent the Great Depression.

I grew up in the heart of the Depression.

For those of us in the financial world, Black Friday has a strong negative connotation, referring to a stock market catastrophe.

Franklin D. Roosevelt was fortunate: He didn't take office until nearly four years after the Wall Street crash, by which time the Republicans' responsibility for the Depression was taken for granted.

I was born in 1928 and by 1931 the Depression was beginning to mount.

Normally, the market peaks before bad news emerges. That's what happened in 1929, and that's what happened in 2000.

Liquidate labor, liquidate stocks, liquidate farmers, liquidate real estate. It will purge the rottenness out of the system. High costs of living and high living will come down. People will work harder, live a more moral life. Values will be adjusted, and enterprising people will pick up the wrecks from less competent people.

The Depression has caused an emergency more serious than war.

Before the stock market crash of 1929 approximately half of all the stock sold in America was fraudulent. President Coolidge did not believe in the Federal Government interfering with business and would not interfere. His Secretary of Commerce, Herbert Hoover however was worried about the extreme corruption of the system. By the time he succeeded Coolidge as President, it was too late.

When the 1929 crash wiped out disposable income, there were not enough consumers to fuel a recovery.

I experienced the year 2000 dot com crash and the 2008 financial crisis, and it almost wiped out the company.