Liniște, se prăbușește bursa. Povestea Joii Negre din 1929

On October 24, 1929, the stock market faced a catastrophic crash, known as Black Thursday. Initial panic led to forced liquidations, with over 12 million shares traded. Major banks intervened, pooling funds to stabilize the market, but the crisis revealed deeper issues. Richard Whitney's public buying of US Steel temporarily restored confidence, yet many investors faced significant losses. Despite reassurances from financial leaders, the market's instability foreshadowed widespread bankruptcies. President Hoover believed the crisis was isolated to the stock market, but the repercussions were just beginning, indicating a looming economic downturn.