What if everything you thought you knew about wealth, security, and the American Dream could vanish in a single day? October 1929. The month that shattered a nation. The day that changed everything. From the bestselling narrative tradition of Too Big to Fail comes the definitive inside account of the most catastrophic financial collapse in history a disaster whose aftershocks still reverberate through Wall Street, Washington, and your own investment portfolio nearly a century later. This is not just another history book. This is your warning. Step inside the frenzied trading floor as 16.4 million shares change hands in a single day fortunes evaporating in minutes, grown men weeping, suicides mounting, and the machinery of American capitalism grinding to a halt. Meet the bankers who gambled with depositors' money, the speculators who bet everything on borrowed dreams, the ordinary families who lost their life savings following expert advice, and the prescient few who saw the crash coming but were dismissed as pessimists who "didn't understand the new economy." Sound familiar? It should. Through unprecedented access to historical records and newly examined documents, this electrifying narrative reveals how a toxic cocktail of speculation, leverage, fraud, and willful blindness transformed a market correction into an apocalypse that destroyed 89% of stock values, triggered 11,000 bank failures, and plunged unemployment to 25% suffering that would last not months but more than a decade. But here's what makes this story urgently relevant today: we're doing it all over again. The warning signs are everywhere record valuations, extreme leverage, wealth inequality, political paralysis, and that seductive whisper that "this time is different." The bankers assuring us everything is fine. The experts explaining why old rules no longer apply. The social pressure to invest or be left behind. History doesn't repeat, but it rhymes with terrifying precision. WHO NEEDS TO READ THIS BOOK: Investors and traders who want to recognize warning signs before the next crash destroys their portfolios Financial professionals seeking to understand the historical patterns that drive market cycles and client behavior Business leaders and entrepreneurs who need to navigate economic uncertainty and protect their enterprises Policy makers and economists wrestling with how to prevent the next crisis without strangling growth History enthusiasts craving narrative nonfiction that reads like a thriller but delivers profound insights Anyone with money in the stock market who wants to understand what could happen when confidence evaporates Students and educators teaching economic history, business, or the Great Depression Anyone who believes "it can't happen again" because that's exactly what they said in 1929
ThriftBooks sells millions of used books at the lowest everyday prices. We personally assess every book's quality and offer rare, out-of-print treasures. We deliver the joy of reading in recyclable packaging with free standard shipping on US orders over $15. ThriftBooks.com. Read more. Spend less.