Tuesday, September 30, 2008

Wall Street in there “Great Depression”

In most places in 1929 and ending at different times in the 1930s or early 1940s for different countries is the START of The Great Depression, it was a worldwide economic downturn. It was known as the largest and most important economic depression in modern history. Great Depression originated in the United States; historians most often use as a starting date the stock market crash on October 29, 1929, known as Black Tuesday. The end of the depression in the U.S. is associated with the onset of the war economy of World War II, beginning around 1939.

And suddenly this past few days the market stability is now going down and sufficiently originated again in the United State in the fall of one of the most powerful company in US. And unwontedly these all affects the world wide economy. The stock Market around the globe are fall of about hundred percent and evenly Japan.

What can we do? Is the Great Depression ones again strike in the second time around? If it will happen again what shall we do?