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Speculative mania fueled by massive margin loans drove stock prices to unsustain
Featured Event 1929 Event

October 29

Black Tuesday: Stock Crash Triggers Great Depression

Speculative mania fueled by massive margin loans drove stock prices to unsustainable heights until panic selling erupted on Black Tuesday, instantly wiping out fortunes and triggering the Great Depression. This collapse of the world's largest financial system plunged nations into a decade-long economic contraction that reshaped global politics and social structures.

October 29, 1929

97 years ago

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