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STOCK MARKET CRASHES THAT CHANGED THE WORLD
Throughout the history of the modern world, business has been controlled by the markets and exchanges of the financial centers of our nations. These centers have been traded, conquered, and destroyed in much the same way the capitals of the world have changed through war and famine. Now, even the most common man or woman can find themselves affected by the actions of a select few that are ensconced in the halls of the gilded exchanges in a handful of cities across the globe.The inherent issue with stock markets (and trading on speculations and debt, we'll get to that later) is that it is ruled by the heart of men. Meaning, all the emotion and panic that can infiltrate the basest soap opera finds its way into the wallets of the richest investors. History can tell you that, for all the acclaim finance can bring empires, it can also bring them low. The panic that a poor investment can bring reverberates across thousands of markets and accounts until everyone has taken their investments and hidden them under the nearest bed. Naturally, this has devastating consequences on the underlying economies that these investments are supposed to serve.This is an introduction to the stock market crashes that shaped the world as we know it, and often fundamentally changed the way our economies have functioned.