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Copy Link To Download : https://site.bookcenterapp.com/YUMPU/B06Y4B7XZ4 Book Synopsis : In this absorbing, smart, and accessible blend of economic and cultural history in the vein of the works of Michael Lewis and Andrew Ross Sorkin, a financial executive and CNBC contributor examines the five most significant stock market crashes in the United States over the past century, revealing how they have defined the nation today. The Panic of 1907 Black Tuesday (1929) Black Monday (1987) the Great Recession (2008) the Flash Crash (2010): Each of these financial implosions that caused a catastrophic drop in the American stock market is a remarkable story in its own right. But taken together, they offer a unique financial history of the American century. In A History of the United States in Five Crashes, financial executive and CNBC contributor Scott Nations examines these precipitous dips, revealing how each played a role in America's political and cultural fabric, one building upon the next to create the nation we know today. Scott Nations identifies the factors behind the disastrous runs on banks that led to the Panic of 1907, the first great scare of the 20th century. He explains why 1920s America adopted investment trusts - a practice that helped post-World War I Britain - and how
Copy Link To Download : https://site.bookcenterapp.com/YUMPU/B06Y4B7XZ4
Book Synopsis :
In this absorbing, smart, and accessible blend of economic and cultural history in the vein of the works of Michael Lewis and Andrew Ross Sorkin, a financial executive and CNBC contributor examines the five most significant stock market crashes in the United States over the past century, revealing how they have defined the nation today. The Panic of 1907 Black Tuesday (1929) Black Monday (1987) the Great Recession (2008) the Flash Crash (2010): Each of these financial implosions that caused a catastrophic drop in the American stock market is a remarkable story in its own right. But taken together, they offer a unique financial history of the American century. In A History of the United States in Five Crashes, financial executive and CNBC contributor Scott Nations examines these precipitous dips, revealing how each played a role in America's political and cultural fabric, one building upon the next to create the nation we know today. Scott Nations identifies the factors behind the disastrous runs on banks that led to the Panic of 1907, the first great scare of the 20th century. He explains why 1920s America adopted investment trusts - a practice that helped post-World War I Britain - and how
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A History of the United States in Five Crashes: Stock Market
Meltdowns That Defined a Nation
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In this absorbing, smart, and accessible blend of economic
and cultural history in the vein of the works of Michael Lewis
and Andrew Ross Sorkin, a financial executive and CNBC
contributor examines the five most significant stock market
crashes in the United States over the past century, revealing
how they have defined the nation today. The Panic of 1907
Black Tuesday (1929) Black Monday (1987) the Great
Recession (2008) the Flash Crash (2010): Each of these
financial implosions that caused a catastrophic drop in the
American stock market is a remarkable story in its own right.
But taken together, they offer a unique financial history of the
American century. In A History of the United States in Five
Crashes, financial executive and CNBC contributor Scott
Nations examines these precipitous dips, revealing how each
played a role in America's political and cultural fabric, one
building upon the next to create the nation we know today.
Scott Nations identifies the factors behind the disastrous runs
on banks that led to the Panic of 1907, the first great scare of
the 20th century. He explains why 1920s America adopted
investment trusts - a practice that helped post-World War I
Britain - and how they were a primary catalyst of the 1929
crash. He explores America's love affair with an expanding
stock market in the 1980s - which spawned the birth of
portfolio insurance that significantly contributed to the 1987
crash. And he examines the factors that led to the 2008 global
meltdown and the rise of algorithmic trading, the modern
financial technology that sparked the 2010 Flash Crash when
American stocks lost a trillion dollars in minutes. A History of
the United States in Five Crashes clearly and compellingly
illustrates the connections between these financial collapses
and examines the solid, clear-cut lessons they offer for
preventing the next one.
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