Talk:Wall Street Crash of 1929/Archive 1
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There are interesting other opinions related to the causes of Black Tuesday. One is given on this page. It is written by Dr. D.J.C. Smant, of the monetarian department of the economic faculty of the Erasmus University of Rotterdam, the Netherlands. He points out that the stock market was not severly overpriced at that instant and that the market just followed a logical decline in price level and economical activity. If the Great Depression was not caused by the stock market crash, he argues, it must be caused by the failure of monetarian policy.
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Since the official site also makes this remark, I guess we should at least mention that there are other opinions. Dolf 13:19, Oct 18, 2003 (UTC)
I think there's too much emphasis on the number of stocks being sold on this entry -- I mean, exactly as many were bought. Selling, in and of itself, therefore did not cause the crash. Markonen 23:35, 25 Oct 2003 (UTC)
No but the speed at which they were sold did G-Man 00:25, 26 Oct 2003 (UTC)
No, they were bought up exactly as fast, and who ever said that quick buying crashes markets? Mismatch between supply and demand is what crashed the prices, and this isn't clearly reflected in the article. The amount of stocks traded might tell us that it was a busy day, but nothing else. Markonen 10:00, 26 Oct 2003 (UTC)
Yes it does it says that share buying drove the price of shares up to artificially high levels, which were sustained by nothing but the beleif that they would rise further G-Man 18:45, 5 Jan 2004 (UTC)
"This investment drove me to love women"??