Hacker News new | past | comments | ask | show | jobs | submit login

Thank goodness we have computers to track this stuff.

I wonder how long it took to see the sell-offs before the subsequent collapse in the 30s?

EDIT: I didn't mean to imply that we're near a depression. I was think about how technology helped us. Thanks makaimc.




I just read about this over the weekend in John Kenneth Galbraith's book The Great Crash. The ticker tape machines were about 3 hours behind in most parts of the country and that caused a massive sell-off as people tried to get out of the market even though they did not know the current value of their stocks.


Have you found anything similar that talks about Japan in the early 90s or argentina's collapses? I'm trying to find good parallel examples,




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: