1.

Record Nr.

UNINA9910781139803321

Autore

Bierman Harold

Titolo

Beating the bear [[electronic resource] ] : lessons from the 1929 crash applied to today's world / / Harold Bierman, Jr

Pubbl/distr/stampa

Santa Barbara, Calif. : , : Praeger, , c2010

New York : , : Bloomsbury Publishing (US), , 2024

ISBN

979-84-00-61709-6

0-313-38215-8

Descrizione fisica

1 online resource (206 p.)

Disciplina

330.973/0916

Soggetti

Bear markets - History

Global Financial Crisis, 2008-2009

Investments

Stock Market Crash, 1929

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Bibliographic Level Mode of Issuance: Monograph

Nota di bibliografia

Includes bibliographical references and index.

Sommario/riassunto

Twice in the last century the usually stalwart economy of United States has crumbled-first in 1929, when the stock market crash that led to the Great Depression hit, and again with the financial market meltdown of 2008-2009 that is still crippling much of America. While it is still too soon to state unequivocally how this latest economic disaster came about, it is possible to theorize that much of what has happened could have been foreseen and even avoided-just as it could have been in 1929. This book accurately describes the economic situations in the United States before the 1929 and 2008-2009 stock market crashes, and carefully examines the causes of both financial crises. This comprehensive assessment of both time periods allows readers to better grasp the present market situation, understand the connection between the explosion of the sub-prime mortgage market and the current state of the economy, and more wisely forecast the future.