Wall Street Crash of 1929
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Search complete. 85 mentions across 68 episodes found for "Wall Street Crash of 1929".
Oct 29, 2026
Jeff StampkaHOST
It was huge across during the 20s and that kind of stuff.
Jeff StampkaHOST
Not that... okay 1929 it was black tuesday that's the day that the stock market crashed here in the united states over the next four days 25 of all the mint value left and over the next three years 89 of the whole stock market yeah it was gone that's why today this is when it all started that's why it's called the first day of the big depression so i had to do a little research here to figure out the difference he's the euro
Katarina ŠokacGUEST
Yeah, we do use
Jeff StampkaHOST
the URL.
Ashe in AmericaHOST
I thought that's the part that I thought was wrong too, because like hanging in a prison, like at a prison, I guess they did.
Brian LupoHOST
October 29th, 1929 on black Tuesday, about 16 million shares changed hands on the New York stock exchange.
Brian LupoHOST
Real or fake.
Ashe in AmericaHOST
Black Tuesday.
Ashe in AmericaHOST
That sounds like it could be legitimate.
Ashe in AmericaHOST
Yeah.
Antony RotunnoHOST
I mean, Al Capone's in this, isn't he? Yeah.
Antony RotunnoHOST
I've just got Zellig disappears, months go by, then we get the Wall Street crash.
Antony RotunnoHOST
So that's obviously, as we said earlier, it's the end of the 20s, literally.
Antony RotunnoHOST
Literally and figuratively.
Erin HoganHOST
Today is the 29th of October.
Erin HoganHOST
And are you ready, Jack Farrell? This is a very somber day because on this day in 1929, this day is forever known as Black Tuesday, as we visit on this Wednesday, because of this entity and its crash, full-blown panic set in, and they sold more than 16 million shares, wiped out fortunes across the coast, and helped trigger the Great Depression.
Jack FarrellHOST
This is the Great Depression when the stock market crashed, right? Yeah, but what crashed? The stock market.
Erin HoganHOST
The Wall Street stock market, that is right.
James HealyGUEST
I would argue that that's very simplified and actually misses the true cause.
James HealyGUEST
The reason that the financial crisis of 2008 was so devastating, so much bigger than anything previously, except for 1929, the Wall Street crash, is because of the complexity in financial markets.
James HealyGUEST
And that complexity was driven by not people who were reckless, but people who thought they had eliminated risk.
James HealyGUEST
So this was not people thinking, ah, screw the consequences, we're gonna do this anyway.
speaker_0NARRATOR
The pool was filled with mineral water pumped from the wells below, which meant that guests could simultaneously swim in and be cured by the same substance, a doubling of therapeutic value that must have seemed, to the marketing department, almost too good to be true.
speaker_0NARRATOR
A hydraulic ice water cooling system circulated chilled water to all 450 rooms, a form of air conditioning in a building completed the same year as the Wall Street crash, at a time when residential air conditioning was still a decade away for most Americans.
speaker_0NARRATOR
and the idea of cooling 450 rooms simultaneously was an engineering feat that required its own, dedicated infrastructure.
speaker_0NARRATOR
The door locks triggered the room lights, and fan, when a guest entered, the room activated.
James HollandGUEST
The problem is, though, is markets are, in a free market, markets are volatile.
James HollandGUEST
It's gone from the Wall Street crash.
James HollandGUEST
Yeah, right, right, right.
James HollandGUEST
So how do we make sure that we don't have the Wall Street crash again? How do we make sure that we don't have something catastrophic that affects the global financial order, for want of a better phrase? In the same way that the knock-on effect of the Wall Street crash followed by the Smoot-Hawley Tariff Act of May 1930 does.
James HollandGUEST
How do we stop that? Well, what you need is you need some checks and balances.
James HollandGUEST
And you also need systems in place, which is where your whole post-war global order comes from, the international system comes from.
James HollandGUEST
Because you had a ruinous war.
James HollandGUEST
You had economic downturn of that.
Adam CollinsHOST
And that conversation will keep rattling on.
Adam CollinsHOST
There's probably a good intro in there somewhere for someone about reaching the end of the 20s and then the Wall Street crash in 1929 and then the depression that followed and sort of bit of Grapes of Wrath action here.
Adam CollinsHOST
I'll give you that one for free, budding columnists who might
Bharat SundaresanGUEST
be listening to this.
speaker_6NARRATOR
They eventually had two daughters, Irena and Helge, born in 1930 and 1934, and two sons born in 1936 and 1938, one named Karl after his father and grandfather.
speaker_6NARRATOR
The period from October 1929 onwards, when the Wall Street crash occurred on the New York Stock Exchange, was difficult for Karl Wolf, as it was for so many others in Germany and further afield.
speaker_6NARRATOR
Until that time, his fortunes had been good for several years.
speaker_6NARRATOR
He and Frieda were living in a seven-bedroomed house in the Burgenhausen area of Munich, a neighborhood where some of the city's most affluent people lived.
Tony GerdemanHOST
The two catches were a career high, and it feels like, I'm not saying two catches for 51 yards is going to be the baseline.
Tony GerdemanHOST
Two is they're going to be the baseline, and it's just going to go up from there, provided this isn't a situation where your quarterback is going to go 7 for 18 for the foreseeable future, in which case, Black Tuesday, Black Saturday, Crash, you know, that sort of thing.
Tony GerdemanHOST
I will tell you, Tom, though, Chris Henry Jr. right now, six catches on the season.
Tony GerdemanHOST
That's fewer than Ray Small as a true freshman.
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