Stock Market Crash Quotes

I never felt the Great Depression firsthand. I learned about it at Harvard.

Importantly, in the 1930s, in the Great Depression, the Federal Reserve, despite its mandate, was quite passive and, as a result, financial crisis became very severe, lasted essentially from 1929 to 1933.

The bankers of the country are more to blame than are any other group for the present depression.

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

In every stockjobbing swindle every one knows that some time or other the crash must come, but every one hopes that it may fall on the head of his neighbor, after he himself has caught the shower of gold and placed it in safety.

Everything I learned about the Great Depression was from a college textbook.

The downturn following the collapse of Japan's so-called bubble economy of the 1980s was not as severe as the Great Depression.

Roosevelt or Ruin

The year 1983 was crazy. People wanted to sell not only their investments... but also their companies.

I don't think objectively we are in a tech bubble when tech stocks are at a 30 year low.

The only surprise about the economic crisis of 2008 was that it came as a surprise to so many.

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.

As the greatest and last major crisis before 1836, the panic of 1819 holds considerable interest for the study of business cycles and for the present day. It was an economy in transition, as it were, to a state where business cycles as we know them would develop.

I've lived through the Great Depression.

Wall Street excesses helped lead to the Great Recession.

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

After the war, Prohibition was passed, and with liquor no longer legally available the nation plunged headlong into the Great Depression.

Panic in Wall Street, brokers feeling melancholy.

After the 1929 crash, the Federal Reserve mistakenly focused its policies on preserving the gold value of the dollar rather than on stabilizing the domestic economy.

Buying only what you know can end in disaster. Just think about Enron's employees and business partners, the 'locals' who bought lots of its stock because they thought they were in the know.

Out of the ashes of the Great War came the freewheeling cultural renaissance that was the Jazz Age, but the decade-long party of flapper dresses and bootlegging came to a crashing halt with the Crash of '29 - triggering the Great Depression and the New Deal that would help America get back on its feet, just in time for another, greater war.

In the Great Depression, employment and investment were low because labor market institutions and industrial polices changed.

The collapse of Enron was devastating to tens of thousands of people and shook the public's confidence in corporate America.

We certainly had an upheaval at the start of the Great Depression, and that resulted in a lot of financial reform, but it wasn't done in one stroke, and it wasn't done immediately. The Depression was in 1929 and resulted in the Securities and Exchange Act of '33, '34, '35, '37, '39, and '41.

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.