One anonymous reader submitted the following PBS video, which revisits the 1929 market crash. To me, there are some eerie similarities to today’s environment especially when looking at the total disconnect between Wall Street and Main Street.
Can it happen again? Sure, only time will tell. However, it was not the crash that was devastating; it was the years that followed. To be clear, I am not making any predictions here, but I find it worthwhile to occasionally revisit history to see if there are any obvious parallels to current conditions.