Wall Street Crash of 1929: Everything You Need To Know

Wall Street Crash of 1929:

Wall Street Crash of 1929 Trading stocks and shares on the stock market can be seen as a quick and easy way to make money. However this isn’t always the case, historically stock market crashes have occurred throughout 20th Century history. A stock market crash is a sudden decline in stock prices across a large … Read more

Bernie Madoff: The Largest Ponzi Scheme In Wall Street history.

The Biggest Ponzi scheme

Bernie Madoff Bernard Lawrence Madoff claimed that he was running a legitimate financial business when in reality he was putting together one of the greatest Ponzi schemes of all time. This scheme duped investors out of approximately $50 billion. How Madoff was able to get away with this scheme for so long?  Obviously, he was eventually … Read more

Subprime Mortgage Crisis: The Multinational Financial crisis

Subprime Mortgage Crisis

Subprime Mortgage Crisis The United States Subprime mortgage crisis was a Multinational Financial crisis that occurred between 2007 and 2010. Subprime mortgage financial crisis can be described as a sharp and unprecedented rise in home foreclosures that occurred due to the defaulting in subprime mortgage loans. This started during the fall of 2006 in the … Read more

2001 Recession: What it is and Why It Matters?

2001 Recession

What happened in the 2001 Recession?  As the economy headed into recession in 2001, businesses faced a classic pattern: they were producing more goods than customers demanded, causing inventories to build up. Companies then adopted painful measures to get production back in line with sales by cutting payrolls and slashing capital spending. Those austerity measures … Read more