Blog of 1929
The Crash and Its Repercussions On that beautiful October morning in 1929 , it felt as though everything was collapsing around us . With merciless precision , fortunes and hopes were swept away by the stock market catastrophe , which arrived like a tidal wave . Despite his prudent approach of just investing what he could afford , my father 's meager investments were not impervious to the pandemonium . Panic was our constant companion as we saw banks shut and neighbors lose their houses as the word spread swiftly . It was about the tangible anxiety that engulfed the country , not simply figures on a stock ticker . Once emblematic of wealth , men in suits were now seen lining the streets , selling apples to make ends meet . Newspapers referred the incident as "Black Tuesday . "However , the resulting darkness persisted for a lot longer . The hope of the Roaring Twenties vanished over night , to be replaced by a desperate battle for existence . Every day turned into a stru...