The 'Roaring Twenties' in the USA was a decade of a self-indulgence, parties, movie stars, ragtime and bright tomorrows. The growing pains of the New World and the gloom and despair of WWI were left behind. The US was finding its feet as the financial powerhouse of the world, the land of opportunity where everything was possible for anyone willing to grasp it. Everyone, it seems, wanted a slice of the cake. Gripped with the excitement of stocks and shares, ordinary Americans risked their hardearned dollars. But whether stockbroker or man in the street, corporation or country, risk can lead to ruin…
What were the main causes of the crash? Could it have been avoided or was it inevitable?
The 1929 Wall Street Crash was not the first case of financial mass hysteria to hit the US economy, and certainly wasn't the last. The 1920s was boom time in the