The Stock Market Crash of 1987 (Black Monday) Explained in One Minute

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The biggest one day market drop in history (by far) occurred in 1987, on Black Monday, in a terrifying yet fascinating display of human psychology.

The crash of 1987, as we’re about to find out, as been fairly atypical because a lot of the elements present your average financial crisis just weren’t there. This much is certain: all of us (economists or not) have a lot to learn from the 1987 stock market crash!

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Comments

Arising-Tale says:

a short video needs more to the point content or make it shorter

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