Showing posts with label Suicide. Show all posts
Showing posts with label Suicide. Show all posts

Friday, July 20, 2012

Leaps of 1929


Panic of 1907, Outside U. S. Subtreasury building at Wall and Broad St. in October 1907

The Great Depression wasn't the first depression for the US economy, but it's certainly the best known. The most famous story is that on Black Tuesday, 29 October, 1929, that stock investors, realizing that they were financially ruined, threw themselves from their office windows down to the pavement below. 

I was taught in high school that when the stock investors realized that they'd lost so much money they'd never be able to get out of the debt, they jumped from the windows of their high office buildings 

It wasn't even 100 years ago, so how wrong could it be?