What Made the Great Depression So Great?
October may not be the cruelest month for investors. Based on the averages, that's September. But when Wall Street stumbles at this point of the year, it does so extra hard. And that's why, in the Oct. 3 episode of Motley Fool Answers, Alison Southwick and Robert Brokamp are joined by former Fool Morgan Housel to kick off a four-part series on the history of market crashes in the United States. In this episode and segment, they discuss the big one -- the Great Depression. And part of what planted the seeds for it can be traced to World War I, starting with what seemed like a perfectly fine idea at the time: Liberty bonds. But, of course, there was a lot more that went into creating the perfect storm of conditions that sank the economy.
A full transcript follows the video.
Source: Fool.com
