[Comprehensive British and American] Collection tasks from aliens

Of course, crashes are definitely traceable.First, the Federal Reserve released the information first.They started in October 1929 and suddenly raised the bank's lending rate for business loans. This situation made banks in the United States begin to restrict loans.

You must know that there is a saying that it is easy to go from frugal to extravagant and difficult to go from extravagant to frugal.In the past, it was easy for companies in the United States to get loans. Basically, as long as you applied, you could get a loan, no matter what kind of industry you were in.Moreover, such loans are not only limited to corporate companies, but also to ordinary Americans. As long as they take loans, the banks will give money very readily.

However, from October 1929.American companies and people suddenly discovered that it is not so easy to get money from banks to apply for loans.

You know, when the economy develops rapidly, it seems to be a high-powered machine.Even if there is a little stuck, there will be a series of huge reactions.After all, when the stock market is crazy, basically most people's money is invested in the stock market.Therefore, many Americans still rely on bank loans to survive for a period of time, but suddenly the banks stopped lending, which caused the stock market to react directly.

Of course, such an impact is still small.So the stock market is still very strong?Quite all the way up.But not for the beginning of the enterprise.Basically from October 1929.Every day, a large number of companies declare bankruptcy.After all, under such a big background, many companies are nothing more than shell companies with empty gloves and white wolves.All economic sources are supported by the state and banks.Without the backing of the banks, those businesses would not have been able to survive.

Many of these bankrupt companies are listed companies, and the bankruptcy of these companies has begun to affect the balance of the stock market.As I said before, basically everyone in the United States is speculating in stocks.Many people, they take loans from banks and then use the money to buy stocks.But now suddenly the bank stopped lending, so at the beginning, they could only throw out the stocks they had already bought crazily.This is how you can live with cash.At the same time, the bankruptcy of many listed companies caused the stock market to start to crash.

We must know that the economy is always a process from peak to low tide.The capitalists who used the loan before going public, declaring bankruptcy and then collecting funds to loan the listed company to accumulate capital, they already know that there is no way out if they continue to play like this.After all, the population of this world will not change.The economy is a game of supply and demand.Now the quantity demanded in supply and demand is certain.But if the supply increases, it will seriously affect the balance of the economy.Many big capitalists have foreseen the collapse of the economy, so they began to sell their stocks frantically.

Why do big capitalists call them big capitalists?That's because each of them has proud capital in their hands.Those economies can shake a country.So in the face of such a huge financial situation, the story began to slowly collapse.Even if the stock market is booming right now, people are buying like crazy.But it can't stand the fact that a small number of people sell a small number of stocks due to life reasons, and some listed companies declare bankruptcy, plus... the huge capitalists sell off huge stocks.So, the economy collapsed.

on the New York Stock Exchange in the United States. When the market first opened on October 1929, 10, the stocks plummeted like an avalanche. There was a sound of pain in the stock exchange, and people frantically threw out the stocks.

The economic form of the United States is a typical capitalist form, which means that their means of production are privately owned, and there is no fixed institution to regulate them. Therefore, enterprises are in a situation of blind production in pursuit of interests.Therefore, because each enterprise pursues profit, and there is no unified institution to regulate the supply and demand of social commodities in the market, enterprises blindly produce a large number of commodities, resulting in serious overproduction. However, because people buy blindly and banks Loan support makes this kind of economy maintain a balanced state, which is a typical bubble economy.And because it is a bubble economy, once this balance is broken, the economic impact will be immeasurable.

Because of the end of World War I, every country has started to develop crazily, the economy is developing rapidly, and the stock prices in the United States are also getting higher day by day, and in the sky?After the founding ceremony and military parade of the DPRK, this situation is even more crazy.Compared with 1927, the average stock price in the United States in 1929 was nearly three times higher.This kind of growth shows the extent to which the U.S. economy has become a bubble.

As a result, the balance was broken, and the naked economic reality was completely exposed in the eyes of the people.

fall!fall!fall!fall!fall!For four days in a row, every day is a daily limit!

You must know that stocks do not grow indefinitely or decline.Because of the very perfect financial mechanism, the stock exchange in the United States has a short-circuit mechanism.If the stock rises or falls by more than 20.00%, the exchange will stop trading for one hour; if the rise or fall exceeds 30.00%, the exchange will stop trading for two hours; if the rise or fall exceeds [-]%, the day's trading will stop.

Stocks are always a bottomless pit.It's not that if you fall today and rise tomorrow, you won't lose money.You know, when you originally had 100 yuan, it fell by 90% and only 12.00 yuan was left, so it must increase by at least [-]% on the next day to become the original [-] yuan.

When the stock market fell on the first day, many people did not take it seriously.After all, if stocks rise, they will fall, as long as the overall rise is fine.But when the stock market opened on the second day, the stock still fell like an avalanche, which made people react, so the stock holders all over the United States went crazy and sold their stocks the next day.

After all, it's really not worth it for the price to go up and down for several days before the breakeven is guaranteed.And this situation has exacerbated the decline in the stock market.And for several days in a row, the stock fell by more than 5% every day.It even said that it fell below 30.00% in just [-] hours on the last day, forcing the stock exchange to stop trading on that day!

So on the fifth day, the stocks became even more frenzied. Within 2 hours, about 2000 million shares were sold off, and the average price of dozens of popular stocks dropped by nearly 30.00%.Overnight, the original prosperous economic scene completely disappeared.

Of course, it will always be ordinary people who say that things disappear into nothingness, not the big capitalists who stand at the pinnacle of the economy.In their eyes, money is nothing, and money is always just a pile of waste paper.In their eyes, what is really valuable is the real estate, land, roads, power stations, mines, factories...these are the most valuable things.Therefore, in such a downward situation, people will find that many bankrupt companies and owner lands have been acquired.The economy began to recover slowly.This also gave confidence to many desperate investors.

But in fact, giving a little hope on the road of despair is sometimes more ruthless than despair all the way to the end!