This Happens Before a Depression Starts
This always happens right before a depression starts. The 1929 Great Depression was preceded by a period of economic boom and a stock market rally known as the Roaring Twenties. But it all came crashing down in 1929, leading to the Great Depression and the 1929 stock market crash. The 1929 stock market crash and the Great Depression was not unexpected. There were numerous economic indicators at the time that we are now seeing today, and this is leading some people to wonder if we'll see an economic depression in 2024. If we do get a great depression in 2024, it would lead to a stock market crash in 2024 also. To understand why we could see a 2024 stock market crash, we need the 1292 stock market crash explained. In order to do that, we need the Great Depression explained, and to save time, we need the Great Depression oversimplified. Once we understand that, we can consider whether or not we'll see a US depression in 2024, or at the very least a recession in 2024 and a corresponding stock market crash in 2024.
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*CHAPTERS*
00:00 - How the Great Depression Started
01:22 - Fake Abundance
02:39 - High Inflation
03:06 - How the Federal Reserve Prevents Depressions
04:25 - Fake Economic Growth
05:44 - Broke Consumers
07:48 - How a 2008 Depression was Prevented
08:38 - Stagflation
10:00 - Jamie Dimon's Warning
10:42 - Stock Market Crash 2024
11:31 - Fed Rate Cuts Unlikely
12:32 - Fake Jobs Data
15:51 - Banking Crisis
17:34 - Debt Crisis
19:48 - Kicking the Can Down the Road
21:10 - Stock Market 1929 vs 2024
22:00 - Stock Market Prediction
#recession #depression #greatdepression #economy #useconomy #investing #stockmarket #stocks #invest #investment #investor #stockmarketnews #stockmarketcrash #investors #investments
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