With that separation from physical reality, speculation frenzies have been major aspects of how stock markets operate. The first bout of market insanity was the . The slave-trade frenzy that fortune was less than a century later and was a stock speculation issue. The , in which greed and fear prevailed. The USA has devolved into the serial bubble economy as its empire has declined, and until the crises of the early 21st century, the USA’s previous market mania was in the 1920s. Back then, companies with nothing more than “” behind them sold stock to the public. It was essentially no different from the that . Those orgies of greed were usually associated with some new product, market, or a financial sleight of hand to finance them. The 1920s bubble was sandwiched between World War I and its sequel, and a . , and there was even a , backed by leading industrialists and politicians who tried to entice into becoming their front man.


Satisfied customers are saying