A Bubble That Broke the World

""A Bubble That Broke The World"" is a historical account of the Wall Street crash of 1929 and the subsequent Great Depression that followed. Written by Garet Garrett, an American journalist and author, the book explores the events leading up to the stock market crash and the economic and social consequences that followed. The book begins by examining the economic boom of the 1920s, fueled by a surge in consumer spending and speculation in the stock market. Garrett describes the rise of ""easy credit"" and the creation of an artificial economy, built on a foundation of debt and speculation. As the bubble grew, stock prices soared to unprecedented heights, creating a false sense of wealth and prosperity. However, in October of 1929, the bubble burst, triggering a panic on Wall Street and a wave of bank failures and business closures across the country. Garrett goes on to explore the political and social fallout of the Great Depression, including the rise of fascism and communism, the New Deal reforms of President Franklin D. Roosevelt, and the impact on American society as a whole. Overall, ""A Bubble That Broke The World"" provides a compelling and insightful look at one of the most significant events in American history and its lasting impact on the world.This is a new release of the original 1932 edition.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.